E & J REESE, LLC (ME) - 2020 PPP Loan Borrower Profile (# 1397267810)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to E & J REESE, LLC. 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

1397267810

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$9,411

Date Loan was Approved

May 21, 2020

Amount Forgiven

$9,461.71

Date Loan was Forgiven

Dec 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

800

Payroll Proced

8,011

Rent Proceed

600

Lender

NorState FCU

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

ASHLAND, ME

Project Location

ASHLAND, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.