COFFEE BY DESIGN, INC. (ME) - 2020 PPP Loan Borrower Profile (# 8124847008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to COFFEE BY DESIGN, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Maine.

Loan Detail

Loan Number

8124847008

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$452,300

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$455,993.78

Date Loan was Forgiven

Feb 3, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

14,577

Payroll Proced

339,225

Rent Proceed

53,418

Health Care Proceed

45,080

Lender

Androscoggin Savings Bank

Business Detail

Business Type

Corporation

NAICS

311920

Borrower Location

PORTLAND, ME

Project Location

PORTLAND, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.