# PPP loan: UNIVERSITY OF SOUTHERN MAINE FOUNDATION
> **$248K** approved 02/25/2021 · Paid in Full · Loan `4170988504`
## Borrower
- **Name:** UNIVERSITY OF SOUTHERN MAINE FOUNDATION
- **Address:** 246 Deering Ave, Portland, ME, 04102-2837
- **NAICS:** 813211
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 12/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 19
## Lender
- **Originating:** Gorham Savings Bank
- **Servicing:** Gorham Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*