ERICKSON AND RALPH INC. (ME) - 2020 PPP Loan Borrower Profile (# 1238817104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ERICKSON AND RALPH 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

1238817104

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$101,700

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$102,349.75

Date Loan was Forgiven

Dec 2, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

12,712.5

Payroll Proced

76,275

Mortgage Interest Proceed

12,712.5

Lender

First National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

453930

Borrower Location

WALDOBORO, ME

Project Location

WALDOBORO, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.