PPP Loan Data: Maine
Paycheck Protection Program statistics for Maine. 44,562 loans disbursed, 1,871 unforgiven and potentially subject to enforcement.
Standard Enforcement Risk0.4% of national total
Avg: $85,272 per loan
$160M outstanding
95.8% forgiveness rate
PPP Program Overview: Maine
Between April 2020 and May 2021, the U.S. Small Business Administration disbursed 44,562 Paycheck Protection Program loans in Maine, totaling $3.8B. These loans supported approximately 312K jobs across the state during the COVID-19 pandemic.
Of these loans, 42,691 (95.8%) were fully forgiven. However, 1,871 loans totaling $160M remain unforgiven and are potentially subject to SBA collection, Treasury offset, or DOJ enforcement action.
This state has standard-level PPP enforcement activity.
Enforcement Risk in Maine
Maine has standard-level PPP enforcement activity. While enforcement is less concentrated here than in major metropolitan states, the DOJ PPP Strike Force operates nationally. Any borrower with an unforgiven loan or application discrepancies remains at risk regardless of geographic location.
The False Claims Act statute of limitations extends through 2030-2031 for PPP loans. This means new enforcement actions can still be initiated against Maine borrowers for several more years. The 1,871 unforgiven loans in Maine represent the most immediate enforcement targets.
Maine vs. National Average
Frequently Asked Questions: PPP in Maine
How many PPP loans were issued in Maine?
Maine received 44,562 PPP loans totaling $3.8B between April 2020 and May 2021. The average loan size was $85,272, supporting approximately 312K jobs.
How many PPP loans in Maine were not forgiven?
Approximately 1,871 PPP loans in Maine (4.2% of total) were not forgiven, representing $160M in outstanding obligations. These borrowers may face Treasury collection actions or SBA enforcement.
What is the PPP audit risk level in Maine?
Maine is classified as "Standard" enforcement risk. This state has standard-level PPP enforcement activity. Borrowers in Maine with unforgiven loans or discrepancies in their applications should be aware of ongoing DOJ and SBA OIG enforcement activity.
Can I still face a PPP audit in Maine in 2026?
Yes. The False Claims Act has a 6-10 year statute of limitations. Since PPP loans were issued in 2020-2021, enforcement actions can continue through 2030-2031. Maine borrowers remain at risk regardless of whether their loan was forgiven.
Are You at Risk?
1,871 Maine borrowers have unforgiven PPP loans. Find out your specific risk level in under 3 minutes.
Defense Resources
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Cities in Maine
Data Sources: U.S. Small Business Administration PPP Data Reports, PandemicOversight.gov, U.S. Treasury Department. Data reflects the full PPP program period (April 2020 – May 2021). Last updated May 2026.