CHENEY INSURANCE AGENCY (ME) - 2020 PPP Loan Borrower Profile (# 2157517209)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHENEY INSURANCE AGENCY. 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

2157517209

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$117,500

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$118,870.83

Date Loan was Forgiven

Jun 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

117,500

Lender

Bangor Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

524210

Borrower Location

DAMARISCOTTA, ME

Project Location

DAMARISCOTTA, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.