CHOPPER ONE, INC. (ME) - 2020 PPP Loan Borrower Profile (# 5858418010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHOPPER ONE, 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

5858418010

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$79,200

Date Loan was Approved

Jun 29, 2020

Amount Forgiven

$79,772

Date Loan was Forgiven

Mar 22, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

15,800

Payroll Proced

47,600

Rent Proceed

15,800

Lender

Katahdin Trust Co.

Business Detail

Business Type

Subchapter S Corporation

NAICS

113310

Borrower Location

EAGLE LAKE, ME

Project Location

EAGLE LAKE, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.