CHAMPOUX INSURANCE AGENCY, INC. (ME) - 2020 PPP Loan Borrower Profile (# 3201647107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHAMPOUX INSURANCE AGENCY, INC.. 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

3201647107

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$360,000

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$363,580

Date Loan was Forgiven

Apr 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,800

Payroll Proced

333,200

Rent Proceed

24,000

Lender

Maine Community Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

524210

Borrower Location

LEWISTON, ME

Project Location

LEWISTON, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.