BLUE POINT FINANCIAL (ME) - 2020 PPP Loan Borrower Profile (# 4808497002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLUE POINT FINANCIAL. 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

4808497002

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$64,700

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$65,316.45

Date Loan was Forgiven

Mar 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

64,700

Lender

Bangor Savings Bank

Business Detail

Business Type

Corporation

NAICS

523930

Borrower Location

SCARBOROUGH, ME

Project Location

SCARBOROUGH, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.