J & J CEDAR MILL, INC (ME) - 2020 PPP Loan Borrower Profile (# 6163347004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to J & J CEDAR MILL, 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

6163347004

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$122,200

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$122,943.24

Date Loan was Forgiven

Nov 27, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,700

Payroll Proced

97,700

Mortgage Interest Proceed

16,800

Lender

Aroostook County Federal Savings & Loan Association

Business Detail

Business Type

Corporation

NAICS

321113

Borrower Location

BRIDGEWATER, ME

Project Location

BRIDGEWATER, 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.