DAVID M. BANKS REALTY (ME) - 2020 PPP Loan Borrower Profile (# 1060837101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DAVID M. BANKS REALTY. 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

1060837101

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$477,797

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$483,942

Date Loan was Forgiven

Jul 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

477,797

Lender

TD Bank, National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

531210

Borrower Location

PORTLAND, ME

Project Location

PORTLAND, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.