# PPP loan: DOWNEAST COMMUNITY PARTNERS
> **$1.27M** approved 04/10/2020 · Paid in Full · Loan `1285497107`
## Borrower
- **Name:** DOWNEAST COMMUNITY PARTNERS
- **Address:** 248 Bucksport Rd, ELLSWORTH, ME, 04605-2715
- **NAICS:** 624190
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.29M (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.27M
- **Jobs reported:** 155
## Lender
- **Originating:** Machias Savings Bank
- **Servicing:** Machias Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*