# PPP loan: MAINE FARMERS EXCHANGE CORP
> **$155K** approved 04/10/2020 · Paid in Full · Loan `1788357102`
## Borrower
- **Name:** MAINE FARMERS EXCHANGE CORP
- **Address:** 422 MAIN ST, Suite A, PRESQUE ISLE, ME, 04769-2601
- **NAICS:** 523140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $116K
- **Utilities:** $39K
- **Jobs reported:** 12
## Lender
- **Originating:** Katahdin Trust Co.
- **Servicing:** Katahdin Trust Co. (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*