# PPP loan: SODERBERG COMPANY INC
> **$587K** approved 02/18/2021 · Paid in Full · Loan `1160628504`
## Borrower
- **Name:** SODERBERG COMPANY INC
- **Address:** 460 York St, Caribou, ME, 04736-4140
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $587K
- **Initial approval:** $587K
- **Forgiven:** $591K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $587K
- **Utilities:** $1
- **Jobs reported:** 54
## Lender
- **Originating:** Machias Savings Bank
- **Servicing:** Machias Savings Bank (ME)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*