JALBERT AUTO (ME) - 2020 PPP Loan Borrower Profile (# 7739937209)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to JALBERT AUTO. 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

7739937209

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$24,940

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$25,115.97

Date Loan was Forgiven

Jan 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

24,940

Lender

Machias Savings Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

811121

Borrower Location

PRESQUE ISLE, ME

Project Location

PRESQUE ISLE, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.