LAMOINE REDEMPTION, INC. (ME) - 2020 PPP Loan Borrower Profile (# 1182157303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to LAMOINE REDEMPTION, 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

1182157303

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$7,137

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$7,219.87

Date Loan was Forgiven

Jun 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

7,137

Lender

Machias Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

423990

Borrower Location

LAMOINE, ME

Project Location

LAMOINE, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.