CARMEL ELECTRIC INCORPORATED (ME) - 2020 PPP Loan Borrower Profile (# 9360937007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CARMEL ELECTRIC INCORPORATED. 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

9360937007

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$380,465

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$382,980.3

Date Loan was Forgiven

Dec 10, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

380,465

Lender

TD Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

HERMON, ME

Project Location

HERMON, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.