Yarmouth, ME — PPP Loan Data

Yarmouth, Maine received 451 Paycheck Protection Program loans totaling $25.3M. The average loan in the city was $56,140 — above the national program average of approximately $67,000.

98.7% of loans in Yarmouth — totaling $25.5M — 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 Yarmouth were NORTH YARMOUTH ACADEMY ($984,100), MAJOR SECURITY HOLDINGS, LLC ($865,258), and BETTER WAY FORD, LLC ($806,100).

The most active industry sector in Yarmouth was Accommodation and Food Services with 29 loans worth $3.1M, followed by Offices of Other Health Practitioners (27 loans).

Applicants in Yarmouth reported retaining 2,846 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.

Yarmouth 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.