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PPP loans in Penobscot County, Maine

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 4,083 Paycheck Protection Program loans for businesses it recorded in Penobscot County, $356.4 million in all.

Penobscot County, as of September 30, 2024

$356.4 million
Approved
$356,438,882
11.0% of the $3.3 billion approved in Maine.
4,083
Loans
3,034 first draws and 1,049 second draws.
97.9%
Forgiven
3,996 of 4,083 loans carry a forgiveness amount, $357.0 million in all.
1.4%
Charged off
59 of 4,083 loans, approved for $1.1 million. That is the loans' size, not what SBA lost.

The largest borrowers in Penobscot County · 2020–21

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The largest borrowers in Penobscot County, 2020–21
RankNameUSD
1Penobscot Community Health Center, Bangor$8.6 million
2Husson University, Bangor$6.0 million
3Darlings, Brewer$5.7 million
4Somic America, Inc., Brewer$5.1 million
5Community Health And Counseling Services, Bangor$4.5 million
6Millinocket Regional Hospital, Millinocket$3.0 million
7Sullivan And Merritt Constructors, Inc., Hermon$2.7 million
8R. H. Foster Energy, LLC, Hampden$2.5 million
9Ohi, Bangor$2.4 million
10Pottle's Transportation, LLC, Hermon$2.2 million
11Dennis Beverge Company, Hampden$2.2 million
12Katahdin Valley Health Center, Patten$2.2 million
13Ho Bouchard Inc.,, Hampden$2.1 million
14Dysarts Service, Hermon$2.0 million
15Esoco Orrington LLC, Orrington$1.9 million
16Village Car Company, Bangor$1.8 million
17Eaton Peabody, Pa, Bangor$1.8 million
18Gaftek Inc, Bangor$1.7 million
18Gaftek, Inc, Bangor$1.7 million
20Eod's Automotive, Brewer$1.7 million
21Bangor Publishing Company, Bangor$1.7 million
22Governor's Holding Inc, Old Town$1.7 million
23Ces Inc., Brewer$1.7 million
24Bangor Publishing Co, Bangor$1.6 million
25Abm Mechanical Inc, Bangor$1.6 million
26Abm Mechanical Inc, Bangor$1.6 million
27C&L Aerospace Holdings LLC, Bangor$1.6 million
28Lifeflight Of Maine LLC, Bangor$1.6 million
29Penobscot Valley Hospital, Lincoln$1.5 million
30Freightliner Of Maine Inc, Bangor$1.5 million
31C&L Aerospace Holdings LLC, Bangor$1.5 million
32United Cerebral Palsy Of Northeastern Maine, Bangor$1.5 million
33Cmc & Maintenance Inc, Bangor$1.4 million
34Whited Ford Truck Center Inc., Bangor$1.4 million
35Lifeflight Of Maine, LLC, Brewer$1.4 million
36Future Agency LLC, Hampden$1.3 million
37Labree's, Old Town$1.3 million
38S.W. Cole Engineering, Inc., Bangor$1.3 million
39Varney Agency Inc, Bangor$1.3 million
40John T Cyr & Sons Inc, Old Town$1.2 million
41N S Giles Foundations Inc, Bangor$1.2 million
42John T Cyr & Sons, Inc, Old Town$1.1 million
43Lafayette Portland LLC, Bangor$1.0 million
44Dahl-Chase Diagnostic Services, Bangor$1.0 million
45Maine Distributors, Bangor$1.0 million
46Vision Care Of Maine, LLC, Bangor$1.0 million
47William T Gardner & Sons Inc, Lincoln$987.5 thousand
48White House Motel, Bangor$960.9 thousand
49William T Gardner & Sons Inc, Lincoln$938.7 thousand
50Katahdin Friends, Inc., Millinocket$920.4 thousand
51Down East Orthopedic Associates, Pa, Bangor$919.2 thousand
52Seadog Ventures Inc., Bangor$917.4 thousand
53Lee Academy, Lee$908.9 thousand
54Treeline Inc, Lincoln$883.2 thousand
55Treeline Inc, Lincoln$883.2 thousand
56Lafayette South Portland Inc, Bangor$852.9 thousand
57Dahl-Chase Diagnostic Services, Bangor$832.5 thousand
58Lafayette Augusta LLC, Bangor$813.9 thousand
59Quirk Acquisition Co, Bangor$804.6 thousand
60Varney Inc, Bangor$794.7 thousand
61Rudman & Winchell, LLC, Bangor$781.8 thousand
62John Bapst Memorial High School, Bangor$776.5 thousand
63Fastco Fabrication Inc, Lincoln$775.9 thousand
64Amicus, Bangor$768.5 thousand
65Fastco Fabrication Inc, Lincoln$767.3 thousand
66Lafayette Portland, LLC, Bangor$750.0 thousand
67Health Access Network, Inc., Lincoln$741.8 thousand
68Community Care, Bangor$730.5 thousand
69Wbrc Architects Engineers, Bangor$727.0 thousand
70Amicus, Bangor$722.7 thousand
71University Of Maine Foundation, Orono$718.6 thousand
72Nurse Anesthesia Of Maine, Brewer$707.5 thousand
73Maine Commercial Tire, Inc., Hermon$706.0 thousand
74Freedom Express Inc, Brewer$702.1 thousand
74Freedom Xpress Inc., Brewer$702.1 thousand
76Robin A Crawford & Sons Woods Company Inc, Chester$697.2 thousand
77James W. Sewall Company, Old Town$682.8 thousand
78Carrot Top Corp, Brewer$675.0 thousand
79Acadia Medical Arts Ambulatory Surgical Suite, Bangor$671.4 thousand
80Robin A Crawford & Son Woods Co. Inc., Lincoln$661.0 thousand
81Penobscot Support Services, LLC, Indian Island$660.6 thousand
82Automatic Distributors, Bangor$660.5 thousand
83Independence Advocates Of Maine, Inc., Orono$656.3 thousand
84Lafayette Old Orchard LLC, Bangor$653.5 thousand
85Lafayette Augusta, LLC, Bangor$651.1 thousand
86Lynco, Inc., Bangor$650.1 thousand
87Governor's Holding, Inc, Old Town$650.0 thousand
88Down East Orthopedic Associates P.A., Bangor$642.9 thousand
89Mert Enterprises, Inc., Bangor$636.8 thousand
90Seadog Ventures, Inc., Bangor$636.7 thousand
91Tis Brewer LLC, Brewer$631.5 thousand
92Wings For Children & Families Inc., Bangor$615.1 thousand
93Sebasticook Family Doctors DBA Hometown Health Center, Newport$615.0 thousand
94Oakes, LLC, Newport$611.9 thousand
95Village Subaru, Bangor$606.0 thousand
96Lafayette Ogunquit LLC, Bangor$596.2 thousand
97C&L Aerospace LLC, Bangor$593.1 thousand
97C&L Aerospace LLC, Bangor$593.1 thousand
99Hogan Road Motors, Bangor$592.0 thousand
100Timka Inc, Bangor$587.5 thousand

How the list is drawn

  • 100 of the 3,960 borrowers ranked in Penobscot County are listed: every one ranked in the top 100, with ties. Borrowers approved the same amount share a rank, so the list can be longer than 100.
  • A borrower is ranked here when SBA recorded its first loan in Penobscot County. Its amount is summed over every loan it was approved, a first draw, a second or both, and is not what was forgiven or repaid, which each borrower’s page shows loan by loan.

Sources

Data retrieved