# PPP loan: COFFEE BY DESIGN, INC.
> **$452K** approved 04/08/2020 · Paid in Full · Loan `8124847008`
## Borrower
- **Name:** COFFEE BY DESIGN, INC.
- **Address:** 1 DIAMOND ST, PORTLAND, ME, 04101-2515
- **NAICS:** 311920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $452K
- **Initial approval:** $441K
- **Forgiven:** $456K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $339K
- **Rent:** $53K
- **Utilities:** $15K
- **Health care:** $45K
- **Jobs reported:** 48
## Lender
- **Originating:** Androscoggin Savings Bank
- **Servicing:** Androscoggin Savings Bank (ME)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*