# PPP loan: EIGHTY ATE HOSPITALITY INC
> **$434K** approved 01/20/2021 · Paid in Full · Loan `2404218305`
## Borrower
- **Name:** EIGHTY ATE HOSPITALITY INC
- **Address:** 133 Spring St, Portland, ME, 04101-6096
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $434K
- **Initial approval:** $434K
- **Forgiven:** $440K (101%)
- **Forgiveness date:** 05/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $434K
- **Utilities:** $1
- **Jobs reported:** 57
## Lender
- **Originating:** Bangor Savings Bank
- **Servicing:** Bangor Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*