CARRABASSETT VALLEY ACADEMY (ME) - 2020 PPP Loan Borrower Profile (# 9535008510)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CARRABASSETT VALLEY ACADEMY. 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

9535008510

SBA Office Code

0172

Processing Method

PPS

Curent Loan Amount

$380,124.17

Date Loan was Approved

Mar 12, 2021

Amount Forgiven

$383,397.46

Date Loan was Forgiven

Jan 21, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

380,121.17

Lender

Franklin Savings Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

611110

Borrower Location

Carrabassett Valley, ME

Project Location

Carrabassett Valley, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.