December 2, 2023

Small Business

Business Nes

A Bridgton farm no one has heard of gained $1.2M PPP financial loan

2 min read

BRIDGTON, Maine — A Paycheck Security Software loan for just about $1.2 million issued to an organic farm operator allegedly located in western Maine has elevated suspicion just after a significant disclosure of federal data about the compact organization relief program.

In accordance to data produced by the U.S. Modest Business Administration, Popular Ground Natural Farm LLC, primarily based in Bridgton, received the loan. The data clearly show the business claimed to have 91 staff.

There is no company by that identify registered in Maine and the area insurance policy agency that owns and operates the business tackle made use of by Widespread Grounds explained it has hardly ever heard of the organization, the Portland Press Herald claimed.