ADAM BEAL (ME) - 2020 PPP Loan Borrower Profile (# 7767738702)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAM BEAL. 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

7767738702

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$20,800

Date Loan was Approved

Apr 6, 2021

Amount Forgiven

$20,856.42

Date Loan was Forgiven

Jul 16, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

20,799

Lender

Kennebec Savings Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

112120

Borrower Location

Litchfield, ME

Project Location

Litchfield, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.