# PPP loan: THE MONTALVO CORPORATION
> **$502K** approved 04/04/2020 · Paid in Full · Loan `5043527000`
## Borrower
- **Name:** THE MONTALVO CORPORATION
- **Address:** 50 Hutcherson Drive, Gorham, ME, 04038-2645
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $502K
- **Initial approval:** $502K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $502K
- **Jobs reported:** 33
## Lender
- **Originating:** Camden National Bank
- **Servicing:** Camden National Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*