BEI CAPELLI INC (ME) - 2020 PPP Loan Borrower Profile (# 7422487000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEI CAPELLI 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

7422487000

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$676,811

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$681,201.56

Date Loan was Forgiven

Mar 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

676,811

Lender

Machias Savings Bank

Business Detail

Business Type

Corporation

NAICS

812112

Borrower Location

SCARBOROUGH, ME

Project Location

SCARBOROUGH, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.