# PPP loan: MUSCONGUS BAY AQUACULTURE INC.
> **$235K** approved 06/10/2020 · Paid in Full · Loan `1246557904`
## Borrower
- **Name:** MUSCONGUS BAY AQUACULTURE INC.
- **Address:** PO Box 204, BREMEN, ME, 04551
- **NAICS:** 112512
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $236K (100%)
- **Forgiveness date:** 12/03/2020
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $176K
- **Mortgage interest:** $29K
- **Utilities:** $29K
- **Jobs reported:** 19
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*