EAST COAST HEATING, INC. (ME) - 2020 PPP Loan Borrower Profile (# 4265997307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to EAST COAST HEATING, 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
4265997307
SBA Office Code
0172
Processing Method
PPP
Curent Loan Amount
$19,000
Date Loan was Approved
Apr 29, 2020
Amount Forgiven
$19,156.22
Date Loan was Forgiven
Mar 1, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
16,500
Rent Proceed
2,500
Lender
Maine Community Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
238220
Borrower Location
LYMAN, ME
Project Location
LYMAN, ME
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
2
Business Age Description
Change of Ownership
Data Source: SBA.