# PPP loan: MAINE COURSE HOSPITALITY GROUP
> **$2.79M** approved 04/04/2020 · Paid in Full · Loan `5027017000`
## Borrower
- **Name:** MAINE COURSE HOSPITALITY GROUP
- **Address:** 15 Main Street, Suite 210, FREEPORT, ME, 04032-1100
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.79M
- **Initial approval:** $2.79M
- **Forgiven:** $1.98M (71%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.79M
- **Jobs reported:** 250
## Lender
- **Originating:** Bangor Savings Bank
- **Servicing:** Bangor Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*