# PPP loan: CLAMBAKE INC.
> **$254K** approved 01/23/2021 · Paid in Full · Loan `4424948308`
## Borrower
- **Name:** CLAMBAKE INC.
- **Address:** 354 Pine Point Rd, Scarborough, ME, 04074-9236
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $254K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Saco & Biddeford Savings Institution
- **Servicing:** Saco & Biddeford Savings Institution (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*