GOWELL'S SHOP 'N SAVE, INC. (ME) - 2020 PPP Loan Borrower Profile (# 6954617205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to GOWELL'S SHOP 'N SAVE, 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

6954617205

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$214,500

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$216,502

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

26,812.5

Payroll Proced

160,875

Mortgage Interest Proceed

26,812.5

Lender

First National Bank

Business Detail

Business Type

Corporation

NAICS

445110

Borrower Location

LITCHFIELD, ME

Project Location

LITCHFIELD, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.