# PPP loan: STATE MANUFACTURED HOMES INC
> **$259K** approved 01/21/2021 · Paid in Full · Loan `3182208300`
## Borrower
- **Name:** STATE MANUFACTURED HOMES INC
- **Address:** 126 US Route 1, Scarborough, ME, 04074-7202
- **NAICS:** 453930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 03/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $259K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Norway Savings Bank
- **Servicing:** Norway Savings Bank (ME)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*