CRESSEY'S APARTMENTS GRAY ROAD LLC (ME) - 2020 PPP Loan Borrower Profile (# 3220858004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CRESSEY'S APARTMENTS GRAY ROAD LLC. 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

3220858004

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$44,250

Date Loan was Approved

Jun 24, 2020

Amount Forgiven

$44,728.15

Date Loan was Forgiven

Jul 26, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

3,860

Payroll Proced

40,390

Lender

Androscoggin Savings Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

531312

Borrower Location

GORHAM, ME

Project Location

GORHAM, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.