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PPP Loans in Maine

47,407 loans worth $3.3B went to businesses and nonprofits in Maine in 2020 and 2021, supporting 389,660 reported jobs.

Loans
47,407
Program ran 2020 to 2021
Total approved
$3.3B
Average $68,630
Jobs reported
389,660
Forgiven
$3.2B
99% of approved

Search PPP loans

Look up a business by name, or list every loan in a ZIP code.

PPP loans by county in Maine

By borrower ZIP code, largest first

Swipe the table sideways to see more columns.

#CountyLoansAmountJobs reported
1Cumberland County12,680$1.1B120,952
2York County6,455$397M49,115
3Penobscot County3,801$338M41,575
4Androscoggin County2,392$227M25,819
5Kennebec County2,827$221M27,948
6Hancock County4,061$158M21,603
7Aroostook County2,809$133M18,585
8Knox County2,624$120M14,410
9Lincoln County1,688$83.6M11,270
10Oxford County1,313$70.6M9,473
11Washington County1,718$63.4M7,538
12Sagadahoc County1,005$62.3M7,263
13Somerset County960$62M9,059
14Waldo County1,229$58.3M7,629
15Piscataquis County573$38.3M4,868
16Franklin County817$36M5,659

Loans by industry

Share of total loan dollars

  • Health care and social assistance4,191 loans16.0%
  • Accommodation and food services4,899 loans15.8%
  • Construction6,066 loans10.7%
  • Retail trade3,984 loans9.5%
  • Manufacturing2,205 loans9.1%
  • Professional and technical services4,506 loans8.8%
  • Other services5,188 loans5.4%
  • Agriculture, forestry and fishing4,762 loans3.8%
  • Administrative and support services2,184 loans3.4%
  • Wholesale trade1,120 loans3.2%

Loans by size

Share of the number of loans

  • Under $20K24,30451.3%
  • $20K to $50K11,48124.2%
  • $50K to $150K7,43715.7%
  • $150K to $350K2,6095.5%
  • $350K to $1M1,1752.5%
  • $1M to $2M2720.6%
  • $2M or more1290.3%

Top lenders

By loan dollars

  1. 1Bangor Savings Bank6,939$493M
  2. 2Camden National Bank4,475$306M
  3. 3TD Bank, National Association2,673$276M
  4. 4Machias Savings Bank3,579$237M
  5. 5KeyBank National Association1,720$197M
  6. 6Norway Savings Bank2,009$153M
  7. 7First National Bank2,936$148M
  8. 8Gorham Savings Bank1,543$141M
  9. 9Manufacturers and Traders Trust Company793$135M
  10. 10Maine Community Bank1,012$108M

Largest PPP loans in Maine

Top 25 by approved amount

BorrowerLocationLoanJobsForgivenApproved
Intermed, P.A.Health care and social assistanceSouth Portland, ME04106$10M500$10.1MForgiven on 07/13/202104/05/2020
SweetserHealth care and social assistanceSaco, ME04072$8.8M500$8.9MForgiven on 05/17/202204/08/2021
Penobscot Community Health CenterHealth care and social assistanceBangor, ME04401$8.6M500$8.7MForgiven on 06/11/202104/03/2020
Spurwink Services IncorporatedHealth care and social assistancePortland, ME04103$8.3M300$8.4MForgiven on 03/22/202204/16/2021
Spectrum Healthcare Partners, P.A.Health care and social assistanceSouth Portland, ME04106$8.3M462$8.4MForgiven on 06/11/202104/13/2020
Goodwill Industries of Northern New EnglandRetail tradeGorham, ME04038$8.2M500$8.3MForgiven on 04/08/202203/26/2021
Berry Dunn Mcneil & Parker INCProfessional and technical servicesPortland, ME04101$8.1M500$8.3MForgiven on 08/30/202104/09/2020
Saturn Associates, INC. and AffiliatesAccommodation and food servicesFalmouth, ME04105$7.7M500$7.7MForgiven on 04/12/202104/04/2020
John F. Murphy Homes INC.Health care and social assistanceAuburn, ME04210$7.7M500$7.7MForgiven on 11/09/202104/08/2021
Mount Desert Island HospitalHealth care and social assistanceBar Harbor, ME04609$7M420$7MForgiven on 01/04/202104/11/2020
Woodland Pulp LLCManufacturingBaileyville, ME04694$6.7M321$6.8MForgiven on 06/11/202104/09/2020
Ohara CorporationAgriculture, forestry and fishingRockland, ME04841$6.2M279$6.3MForgiven on 06/11/202108/04/2020
Diversified Holdings Co.Administrative and support servicesPortland, ME04101$6.1M310$6.2MForgiven on 08/30/202104/27/2020
Husson UniversityEducational servicesBangor, ME04401$6M492$6.1MForgiven on 04/07/202304/14/2020
Androscoggin Home Health Services INCHealth care and social assistanceLewiston, ME04240$5.8M466$5.9MForgiven on 02/05/202104/06/2020
DarlingsRetail tradeBrewer, ME04412$5.7M458$5.8MForgiven on 02/11/202104/09/2020
Pierce Atwood, LLPProfessional and technical servicesPortland, ME04101$5.7M209$5.7MForgiven on 01/25/202104/03/2020
New England Life Care, INC.Health care and social assistanceSouth Portland, ME04106$5.7M390$5.4MForgiven on 12/21/202104/06/2020
Lee Holding Co.Retail tradeAuburn, ME04212$5.5M250$5MForgiven on 08/26/202104/10/2020
Continuum Health Services INCHealth care and social assistanceLewiston, ME04240$5.5M500$5.5MForgiven on 09/10/202104/10/2020
Baker Newman & Noyes P.A. LLCProfessional and technical servicesPortland, ME04101$5.2M276$5.3MForgiven on 07/27/202104/09/2020
Alcom, LLCManufacturingWinslow, ME04901$5.1M500$5.2MForgiven on 06/11/202104/05/2020
Somic America, INC.ManufacturingBrewer, ME04412$5.1M470$5.2MForgiven on 05/11/202204/10/2020
V.i.p., INCRetail tradeAuburn, ME04210$5M493$5.1MForgiven on 06/16/202104/10/2020
Bernstein, Shur, Sawyer & Nelson, P.A.Professional and technical servicesPortland, ME04101$4.9M222$5MForgiven on 06/11/202104/07/2020

Names of sole proprietors, self-employed individuals and independent contractors are not shown. Street addresses are not shown for any borrower.

Frequently asked questions

How many PPP loans were made in Maine?
Lenders approved 47,407 PPP loans worth $3,253,534,958 for borrowers in Maine, an average of $68,630 per loan.
What was the largest PPP loan in Maine?
The largest was $10,000,000 to Intermed, P.A. in SOUTH PORTLAND, which reported 500 jobs.
Which county in Maine got the most PPP money?
Cumberland County received the most, $1.1B across 12,680 loans.