ECHO MOTEL LLC (ME) - 2020 PPP Loan Borrower Profile (# 7045398302)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ECHO MOTEL 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
7045398302
SBA Office Code
0172
Processing Method
PPS
Curent Loan Amount
$9,916
Date Loan was Approved
Jan 27, 2021
Amount Forgiven
$9,973.29
Date Loan was Forgiven
Aug 24, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
9,914
Lender
Partners Bank of New England
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
721110
Borrower Location
Old Orchard Beach, ME
Project Location
Old Orchard Beach, ME
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
2
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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