# PPP loan: MAINE MARITIME ACADEMY
> **$3.86M** approved 05/04/2020 · Paid in Full · Loan `1452197403`
## Borrower
- **Name:** MAINE MARITIME ACADEMY
- **Address:** Attn: Finance Department 66 Pleasant St, Castine, ME, 04420-0001
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.86M
- **Initial approval:** $3.86M
- **Forgiven:** $3.90M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.86M
- **Jobs reported:** 291
## Lender
- **Originating:** Camden National Bank
- **Servicing:** Camden National Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*