BEACH BAGELS (ME) - 2020 PPP Loan Borrower Profile (# 8624607100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEACH BAGELS. 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

8624607100

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$38,822.5

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$39,130.95

Date Loan was Forgiven

Feb 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

38,822.5

Lender

Saco & Biddeford Savings Institution

Business Detail

Business Type

Subchapter S Corporation

NAICS

722513

Borrower Location

OLD ORCHARD BEACH, ME

Project Location

OLD ORCHARD BEACH, 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.