H.E.M. LOGGING LLC (ME) - 2020 PPP Loan Borrower Profile (# 5142297205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to H.E.M. LOGGING 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

5142297205

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$5,000

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$5,033.75

Date Loan was Forgiven

Dec 31, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

5,000

Lender

Bar Harbor Bank & Trust

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

113310

Borrower Location

PALERMO, ME

Project Location

PALERMO, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.