# PPP loan: LYMAN MORSE BOATBUILDING INC.
> **$1.58M** approved 01/22/2021 · Paid in Full · Loan `3903468309`
## Borrower
- **Name:** LYMAN MORSE BOATBUILDING INC.
- **Address:** 84 Knox St, Thomaston, ME, 04861-3714
- **NAICS:** 336612
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.58M
- **Initial approval:** $1.58M
- **Forgiven:** $1.59M (101%)
- **Forgiveness date:** 12/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.58M
- **Utilities:** $1
- **Jobs reported:** 142
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*