BREAD OF LIFE MINISTRIES (ME) - 2020 PPP Loan Borrower Profile (# 4004877809)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BREAD OF LIFE MINISTRIES. 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

4004877809

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$153,900

Date Loan was Approved

May 27, 2020

Amount Forgiven

$154,561.98

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

153,900

Lender

Kennebec Savings Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

624221

Borrower Location

Augusta, ME

Project Location

Augusta, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.