FINAL DRIVE ENTERPRISES INC (ME) - 2020 PPP Loan Borrower Profile (# 1975168302)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to FINAL DRIVE ENTERPRISES 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
1975168302
SBA Office Code
0172
Processing Method
PPS
Curent Loan Amount
$18,750
Date Loan was Approved
Jan 20, 2021
Amount Forgiven
$18,953.12
Date Loan was Forgiven
Feb 17, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
18,748
Lender
Bangor Savings Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
811198
Borrower Location
Portland, ME
Project Location
Portland, ME
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
2
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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