F.X. MARCOTTE BRO & CO. (ME) - 2020 PPP Loan Borrower Profile (# 6681857004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to F.X. MARCOTTE BRO & CO.. 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

6681857004

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$189,000

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$191,546.25

Date Loan was Forgiven

Aug 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

189,000

Lender

Androscoggin Savings Bank

Business Detail

Business Type

Corporation

NAICS

442110

Borrower Location

LEWISTON, ME

Project Location

LEWISTON, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.