E M WOOD CONSTRUCTION INC. (ME) - 2020 PPP Loan Borrower Profile (# 7407627105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to E M WOOD CONSTRUCTION INC.. 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

7407627105

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$214,900

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$217,490.74

Date Loan was Forgiven

Jun 30, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

26,862.5

Payroll Proced

161,175

Rent Proceed

26,862.5

Lender

First National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238910

Borrower Location

BOOTHBAY, ME

Project Location

BOOTHBAY, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.