ELECTRICAL MAINTENANCE AND INSTALLATIONS (ME) - 2020 PPP Loan Borrower Profile (# 5602987300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ELECTRICAL MAINTENANCE AND INSTALLATIONS. 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

5602987300

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$85,340

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$86,069.48

Date Loan was Forgiven

Mar 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

85,340

Lender

Bank of America, National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

221122

Borrower Location

SCARBOROUGH, ME

Project Location

SCARBOROUGH, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.