# PPP loan: IRONWOOD MAINE, LLC
> **$507K** approved 04/10/2020 · Paid in Full · Loan `1332797107`
## Borrower
- **Name:** IRONWOOD MAINE, LLC
- **Address:** 67 CAPTAIN CUSHMAN RD, MORRILL, ME, 04952-5035
- **NAICS:** 623220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $507K
- **Initial approval:** $507K
- **Forgiven:** $512K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $447K
- **Mortgage interest:** $13K
- **Utilities:** $18K
- **Health care:** $6K
- **Debt interest:** $23K
- **Jobs reported:** 69
## Lender
- **Originating:** Northway Bank
- **Servicing:** Northway Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*