ADEVA DESIGNS (ME) - 2020 PPP Loan Borrower Profile (# 8853067402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADEVA DESIGNS. 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

8853067402

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$1,300

Date Loan was Approved

May 19, 2020

Amount Forgiven

$1,307.98

Date Loan was Forgiven

Jan 11, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

1,300

Lender

Gorham Savings Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

561110

Borrower Location

PORTLAND, ME

Project Location

PORTLAND, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.