COVE CAFE, LLC (ME) - 2020 PPP Loan Borrower Profile (# 1130068305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to COVE CAFE, LLC. 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
1130068305
SBA Office Code
0172
Processing Method
PPS
Curent Loan Amount
$49,795
Date Loan was Approved
Jan 16, 2021
Amount Forgiven
$50,233.47
Date Loan was Forgiven
Dec 9, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
49,791
Lender
Partners Bank of New England

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
722511
Borrower Location
Wells, ME
Project Location
Wells, ME
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
11
Business Age Description
Existing or more than 2 years old
Data Source: SBA.