GENE HELSTROM (ME) - 2020 PPP Loan Borrower Profile (# 3160168006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to GENE HELSTROM. 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

3160168006

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$14,300

Date Loan was Approved

Jun 24, 2020

Amount Forgiven

$14,375.07

Date Loan was Forgiven

Jan 8, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

1,800

Payroll Proced

10,800

Mortgage Interest Proceed

1,700

Lender

Katahdin Trust Co.

Business Detail

Business Type

Sole Proprietorship

NAICS

111211

Borrower Location

FORT FAIRFIELD, ME

Project Location

FORT FAIRFIELD, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.