F/V RACHEL IRENE (ME) - 2020 PPP Loan Borrower Profile (# 8135147201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to F/V RACHEL IRENE. 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

8135147201

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$18,000

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$18,082

Date Loan was Forgiven

Oct 13, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,250

Payroll Proced

13,500

Mortgage Interest Proceed

2,250

Lender

First National Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

114112

Borrower Location

BASS HARBOR, ME

Project Location

BASS HARBOR, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.