IRONWOOD LOGGING INC. (ME) - 2020 PPP Loan Borrower Profile (# 3086688609)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to IRONWOOD LOGGING 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

3086688609

SBA Office Code

0172

Processing Method

PPS

Curent Loan Amount

$74,500

Date Loan was Approved

Mar 16, 2021

Amount Forgiven

$61,297.05

Date Loan was Forgiven

May 17, 2022

Loan Status

Exemption 4

Loan Term

60 Months

Utilities Proced

Payroll Proced

74,496

Lender

Acadia FCU

Business Detail

Business Type

Corporation

NAICS

113310

Borrower Location

Fort Kent, ME

Project Location

Fort Kent, 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.