40GRID INC. (ME) - 2020 PPP Loan Borrower Profile (# 7580589004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 40GRID 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

7580589004

SBA Office Code

0172

Processing Method

PPS

Curent Loan Amount

$149,542.5

Date Loan was Approved

May 26, 2021

Amount Forgiven

$150,095.6

Date Loan was Forgiven

Oct 29, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

149,542.5

Lender

CBW Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

511210

Borrower Location

Scarborough, ME

Project Location

Scarborough, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.