# PPP loan: PENOBSCOT VALLEY HOSPITAL
> **$1.54M** approved 03/30/2021 · Paid in Full · Loan `2609558709`
## Borrower
- **Name:** PENOBSCOT VALLEY HOSPITAL
- **Address:** 7 Transalpine Rd, Lincoln, ME, 04457-4222
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.54M
- **Forgiven:** $1.55M (101%)
- **Forgiveness date:** 02/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.54M
- **Utilities:** $1
- **Jobs reported:** 172
## 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*