# PPP loan: ACADIA AREA RESTAURANT GROUP HOLDINGS
> **$331K** approved 04/13/2020 · Paid in Full · Loan `5024147107`
## Borrower
- **Name:** ACADIA AREA RESTAURANT GROUP HOLDINGS
- **Address:** 396 High St PO Box 1016, ELLSWORTH, ME, 04605-2508
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $250K
- **Forgiven:** $333K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $331K
- **Jobs reported:** 25
## 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*