# PPP loan: NORTHEAST LOBSTER COMPANY LLC
> **$248K** approved 03/16/2021 · Paid in Full · Loan `2908258604`
## Borrower
- **Name:** NORTHEAST LOBSTER COMPANY LLC
- **Address:** 10 Huntington Rd, Mount Desert, ME, 04662
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $248K
- **Utilities:** $1
- **Jobs reported:** 20
## 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*