# PPP loan: THE LINCOLN HOME
> **$439K** approved 04/10/2020 · Paid in Full · Loan `1322207101`
## Borrower
- **Name:** THE LINCOLN HOME
- **Address:** 22 River Road, NEWCASTLE, ME, 04553-3803
- **NAICS:** 623110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $439K
- **Initial approval:** $439K
- **Forgiven:** $442K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $329K
- **Mortgage interest:** $55K
- **Utilities:** $55K
- **Jobs reported:** 79
## 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*