# PPP loan: CITY OF CARIBOU
> **$4.79M** approved 04/04/2020 · Paid in Full · Loan `4793747001`
## Borrower
- **Name:** CITY OF CARIBOU
- **Address:** 163 VAN BUREN RD, St 1, CARIBOU, ME, 04736-3567
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.79M
- **Initial approval:** $4.79M
- **Forgiven:** $4.86M (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.59M
- **Mortgage interest:** $598K
- **Utilities:** $598K
- **Jobs reported:** 250
## Lender
- **Originating:** Katahdin Trust Co.
- **Servicing:** Katahdin Trust Co. (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*