GENUINE FOOD LAB LLC (ME) - 2020 PPP Loan Borrower Profile (# 1492048503)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to GENUINE FOOD LAB 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

1492048503

SBA Office Code

0172

Processing Method

PPS

Curent Loan Amount

$793,285

Date Loan was Approved

Feb 19, 2021

Amount Forgiven

$798,926.14

Date Loan was Forgiven

Nov 8, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

793,280

Lender

Bangor Savings Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722310

Borrower Location

Yarmouth, ME

Project Location

Yarmouth, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

135

Business Age Description

Existing or more than 2 years old

Data Source: SBA.