DOWNSHIFT COFFEE LLC (ME) - 2020 PPP Loan Borrower Profile (# 1272848701)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DOWNSHIFT COFFEE 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

1272848701

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$10,352

Date Loan was Approved

Mar 27, 2021

Amount Forgiven

$10,414.69

Date Loan was Forgiven

Nov 3, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

10,351

Lender

Bangor Savings Bank

Business Detail

Business Type

Partnership

NAICS

722515

Borrower Location

Belfast, ME

Project Location

Belfast, 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.