HAHNEL BROS. CO. (ME) - 2020 PPP Loan Borrower Profile (# 7892937009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HAHNEL BROS. CO.. 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

7892937009

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$1,173,700

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$1,183,741.66

Date Loan was Forgiven

Feb 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,173,700

Lender

Bangor Savings Bank

Business Detail

Business Type

Corporation

NAICS

238160

Borrower Location

LEWISTON, ME

Project Location

LEWISTON, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

128

Business Age Description

Existing or more than 2 years old

Data Source: SBA.