FOREIGN AUTO SUPPLY INC (ME) - 2020 PPP Loan Borrower Profile (# 2941107110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FOREIGN AUTO SUPPLY 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

2941107110

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$28,800

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$29,026.4

Date Loan was Forgiven

Jan 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,812

Payroll Proced

23,988

Rent Proceed

3,000

Lender

Maine Community Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

811111

Borrower Location

HARPSWELL, ME

Project Location

HARPSWELL, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.