BURNING TREE RESTAURANT (ME) - 2020 PPP Loan Borrower Profile (# 3578938303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BURNING TREE RESTAURANT. 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

3578938303

SBA Office Code

0172

Processing Method

PPS

Curent Loan Amount

$77,300

Date Loan was Approved

Jan 22, 2021

Amount Forgiven

$78,115.94

Date Loan was Forgiven

Feb 10, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

77,300

Lender

First National Bank

Business Detail

Business Type

Partnership

NAICS

722511

Borrower Location

Mount Desert, ME

Project Location

Mount Desert, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.