DCRO ENTERPRISE (ME) - 2020 PPP Loan Borrower Profile (# 7239438909)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DCRO ENTERPRISE. 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

7239438909

SBA Office Code

0172

Processing Method

PPS

Curent Loan Amount

$56,616

Date Loan was Approved

May 7, 2021

Amount Forgiven

$56,811.44

Date Loan was Forgiven

Sep 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

56,613

Lender

Saco & Biddeford Savings Institution

Business Detail

Business Type

Subchapter S Corporation

NAICS

722511

Borrower Location

Old Orchard Beach, ME

Project Location

Old Orchard Beach, 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.