FIELD ELECTRIC LLC (ME) - 2020 PPP Loan Borrower Profile (# 9285187006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FIELD ELECTRIC LLC. 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

9285187006

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$134,100

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$134,848.73

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,028

Payroll Proced

130,072

Rent Proceed

2,000

Lender

Maine Community Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

FRYEBURG, ME

Project Location

FRYEBURG, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.