# PPP loan: DOWNEAST HORIZONS INC
> **$1.07M** approved 04/13/2020 · Paid in Full · Loan `4370827108`
## Borrower
- **Name:** DOWNEAST HORIZONS INC
- **Address:** 1200 State Hwy 3, BAR HARBOR, ME, 04609
- **NAICS:** 624120
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Rent:** $133K
- **Utilities:** $133K
- **Jobs reported:** 162
## 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*