FERRIS MUSIC SERVICE INC (ME) - 2020 PPP Loan Borrower Profile (# 2955048309)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to FERRIS MUSIC SERVICE 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
2955048309
SBA Office Code
0172
Processing Method
PPS
Curent Loan Amount
$113,800
Date Loan was Approved
Jan 21, 2021
Amount Forgiven
$114,233.38
Date Loan was Forgiven
Jun 15, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
113,796
Lender
Kennebec Savings Bank
Business Detail
Business Type
Corporation
NAICS
713120
Borrower Location
China, ME
Project Location
China, ME
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
12
Business Age Description
Existing or more than 2 years old
Data Source: SBA.