HANCO, INC. (ME) - 2020 PPP Loan Borrower Profile (# 9569637807)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HANCO, 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

9569637807

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$99,400

Date Loan was Approved

Jun 8, 2020

Amount Forgiven

$99,993.64

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

99,400

Lender

Katahdin Trust Co.

Business Detail

Business Type

Corporation

NAICS

113310

Borrower Location

DANFORTH, ME

Project Location

DANFORTH, 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.