Presque isle, ME — PPP Loan Data

Presque isle, Maine received 419 Paycheck Protection Program loans totaling $23.7M. The average loan in the city was $56,513 — above the national program average of approximately $67,000.

97.9% of loans in Presque isle — totaling $23.6M — 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 Presque isle were AROOSTOOK COUNTY ACTION PROGRAM ($1,546,929), FALCON TRANSPORTATION LLC ($1,081,127), and LIONEL THERIAULT. INC. ($953,766).

The most active industry sector in Presque isle was Personal Care Services with 32 loans worth $418,743, followed by Offices of Other Health Practitioners (22 loans).

Applicants in Presque isle reported retaining 3,533 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.

Presque isle 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.