# PPP loan: HM PAYSON & CO
> **$1.15M** approved 04/03/2020 · Paid in Full · Loan `4382507005`
## Borrower
- **Name:** HM PAYSON & CO
- **Address:** One Portland Square 5th Floor, PORTLAND, ME, 04101-2911
- **NAICS:** 523920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.15M
- **Jobs reported:** 44
## Lender
- **Originating:** Machias Savings Bank
- **Servicing:** Machias Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*