KATAHDIN FOREST PRODUCTS CO. (ME) - 2020 PPP Loan Borrower Profile (# 9204097002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to KATAHDIN FOREST PRODUCTS CO.. 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

9204097002

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$581,700

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$586,579.82

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

145,425

Payroll Proced

436,275

Lender

Katahdin Trust Co.

Business Detail

Business Type

Corporation

NAICS

321992

Borrower Location

OAKFIELD, ME

Project Location

OAKFIELD, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.