# PPP loan: PINE STATE ELEVATOR CO.
> **$488K** approved 04/10/2020 · Paid in Full · Loan `1697547105`
## Borrower
- **Name:** PINE STATE ELEVATOR CO.
- **Address:** 230 ANDERSON ST, PORTLAND, ME, 04101-2545
- **NAICS:** 238290
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $488K
- **Initial approval:** $488K
- **Forgiven:** $493K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $488K
- **Jobs reported:** 28
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*