INSULSAFE TEXTILES, INC. (ME) - 2020 PPP Loan Borrower Profile (# 5781417004)

Updated on April 18, 2025.

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

5781417004

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$248,600

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$249,975.81

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

248,600

Lender

Bath Savings Institution

Business Detail

Business Type

Subchapter S Corporation

NAICS

313210

Borrower Location

LEWISTON, ME

Project Location

LEWISTON, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.