# PPP loan: THE MOUNT DESERT ISLAND BIOLOGICAL LABORATORY
> **$877K** approved 03/30/2021 · Paid in Full · Loan `3059798710`
## Borrower
- **Name:** THE MOUNT DESERT ISLAND BIOLOGICAL LABORATORY
- **Address:** 159 Old Bar Harbor Rd, Bar Harbor, ME, 04609-7250
- **NAICS:** 541715
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $877K
- **Initial approval:** $877K
- **Forgiven:** $882K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $877K
- **Utilities:** $1
- **Jobs reported:** 69
## Lender
- **Originating:** Bar Harbor Bank & Trust
- **Servicing:** Bar Harbor Bank & Trust (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*