DONALD WELCH (ME) - 2020 PPP Loan Borrower Profile (# 4311268908)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DONALD WELCH. 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

4311268908

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$20,833

Date Loan was Approved

Apr 28, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

33 Months

Payroll Proced

20,833

Lender

Benworth Capital

Business Detail

Business Type

Self-Employed Individuals

NAICS

423860

Borrower Location

Jay, ME

Project Location

Jay, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.