HOBBS ELECTRIC (ME) - 2020 PPP Loan Borrower Profile (# 6939787310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HOBBS ELECTRIC. 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

6939787310

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$24,272

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$24,580.12

Date Loan was Forgiven

Aug 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

24,272

Lender

TD Bank, National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

561990

Borrower Location

North Berwick, ME

Project Location

North Berwick, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.