DOUGLAS CHASSE (ME) - 2020 PPP Loan Borrower Profile (# 2972668810)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DOUGLAS CHASSE. 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

2972668810

SBA Office Code

0172

Processing Method

PPS

Curent Loan Amount

$20,833.32

Date Loan was Approved

Apr 13, 2021

Amount Forgiven

$21,054.96

Date Loan was Forgiven

May 4, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

20,830.32

Lender

Machias Savings Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

562119

Borrower Location

Ashland, ME

Project Location

Ashland, 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.