DOWN EAST FAMILY YMCA (ME) - 2020 PPP Loan Borrower Profile (# 8075667005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DOWN EAST FAMILY YMCA. 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

8075667005

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$504,800

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$507,870.87

Date Loan was Forgiven

Nov 19, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

63,100

Payroll Proced

378,600

Rent Proceed

63,100

Lender

First National Bank

Business Detail

Business Type

Corporation

NAICS

713940

Borrower Location

ELLSWORTH, ME

Project Location

ELLSWORTH, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

100

Business Age Description

Existing or more than 2 years old

Data Source: SBA.