LEADING EDGE TOOL SUPPLY, INC. (ME) - 2020 PPP Loan Borrower Profile (# 3556177401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to LEADING EDGE TOOL SUPPLY, 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

3556177401

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$14,100

Date Loan was Approved

May 7, 2020

Amount Forgiven

$14,171.67

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

14,100

Lender

Partners Bank of New England

Business Detail

Business Type

Subchapter S Corporation

NAICS

423830

Borrower Location

LEBANON, ME

Project Location

LEBANON, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.