BMS MANAGEMENT INC (ME) - 2020 PPP Loan Borrower Profile (# 4948328507)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BMS MANAGEMENT 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

4948328507

SBA Office Code

0172

Processing Method

PPS

Curent Loan Amount

$15,100

Date Loan was Approved

Feb 26, 2021

Amount Forgiven

$15,197.73

Date Loan was Forgiven

Oct 25, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

15,100

Lender

Gorham Savings Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

721110

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.