ELWOOD DOWNS INCORPORATED (ME) - 2020 PPP Loan Borrower Profile (# 3014777203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ELWOOD DOWNS INCORPORATED. 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

3014777203

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$33,185

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$33,454.17

Date Loan was Forgiven

Feb 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

33,185

Lender

Machias Savings Bank

Business Detail

Business Type

Corporation

NAICS

484110

Borrower Location

LINCOLN, ME

Project Location

LINCOLN, 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.