D AND G MACHINE PRODUCTS INC (ME) - 2020 PPP Loan Borrower Profile (# 7522778302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to D AND G MACHINE PRODUCTS 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

7522778302

SBA Office Code

0172

Processing Method

PPS

Curent Loan Amount

$1,264,522

Date Loan was Approved

Jan 28, 2021

Amount Forgiven

$1,271,173.73

Date Loan was Forgiven

Aug 13, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

1,264,522

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

333249

Borrower Location

Westbrook, ME

Project Location

Westbrook, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.