BLACK ELECTRIC (ME) - 2020 PPP Loan Borrower Profile (# 4167347307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLACK ELECTRIC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Maine.

Loan Detail

Loan Number

4167347307

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$13,600

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$13,715.51

Date Loan was Forgiven

Mar 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

13,600

Lender

Empeople Credit Union

Business Detail

Business Type

Sole Proprietorship

NAICS

238210

Borrower Location

GORHAM, ME

Project Location

GORHAM, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.