JEFFREY CHERRY (ME) - 2020 PPP Loan Borrower Profile (# 2450428310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to JEFFREY CHERRY. 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

2450428310

SBA Office Code

0172

Processing Method

PPS

Curent Loan Amount

$14,437.5

Date Loan was Approved

Jan 20, 2021

Amount Forgiven

$14,509.89

Date Loan was Forgiven

Jul 28, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

14,437.5

Lender

Bath Savings Institution

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

423210

Borrower Location

Damariscotta, ME

Project Location

Damariscotta, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.