BEACON ENTERPRISES (ME) - 2020 PPP Loan Borrower Profile (# 9655537002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEACON ENTERPRISES. 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

9655537002

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$26,200

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$26,475.83

Date Loan was Forgiven

May 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

26,200

Lender

Bangor Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

713940

Borrower Location

PORTLAND, ME

Project Location

PORTLAND, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.