Bar harbor, ME — PPP Loan Data

Bar harbor, Maine received 581 Paycheck Protection Program loans totaling $39.0M. The average loan in the city was $67,146 — above the national program average of approximately $67,000.

99.0% of loans in Bar harbor — totaling $39.2M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Bar harbor were MOUNT DESERT ISLAND HOSPITAL ($6,956,300), COLLEGE OF THE ATLANTIC ($1,889,000), and DOWNEAST HORIZONS INC ($1,066,500).

The most active industry sector in Bar harbor was Accommodation and Food Services with 86 loans worth $10.1M, followed by Traveler Accommodation (82 loans).

Applicants in Bar harbor reported retaining 5,140 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Bar harbor is part of Maine, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.