BEAN MAINE LOBSTER INC (ME) - 2020 PPP Loan Borrower Profile (# 4787678407)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEAN MAINE LOBSTER 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

4787678407

SBA Office Code

0172

Processing Method

PPS

Curent Loan Amount

$287,194

Date Loan was Approved

Feb 6, 2021

Amount Forgiven

$288,582.1

Date Loan was Forgiven

Aug 4, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

287,192

Lender

Machias Savings Bank

Business Detail

Business Type

Corporation

NAICS

424460

Borrower Location

Rockland, ME

Project Location

Rockland, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.