CHARLES LANE INC (ME) - 2020 PPP Loan Borrower Profile (# 1981079008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHARLES LANE 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

1981079008

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$20,000

Date Loan was Approved

May 14, 2021

Amount Forgiven

$20,036.16

Date Loan was Forgiven

Jul 27, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

19,999

Lender

Northern Maine Development Commission

Business Detail

Business Type

Subchapter S Corporation

NAICS

321114

Borrower Location

Sherman, ME

Project Location

Sherman, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.