# PPP loan: GERALD PELLETIER INC
> **$352K** approved 02/19/2021 · Paid in Full · Loan `1557628502`
## Borrower
- **Name:** GERALD PELLETIER INC
- **Address:** 350 GOLDEN ROAD, MILLINOCKET, ME, 04462
- **NAICS:** 113310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $352K
- **Initial approval:** $352K
- **Forgiven:** $354K (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $352K
- **Utilities:** $1
- **Jobs reported:** 29
## 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*