# PPP loan: NORTHERN AROOSTOOK ALTERNATIVES, INC
> **$175K** approved 04/05/2020 · Paid in Full · Loan `5243137006`
## Borrower
- **Name:** NORTHERN AROOSTOOK ALTERNATIVES, INC
- **Address:** 267 MAIN ST, VAN BUREN, ME, 04785-1336
- **NAICS:** 623210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $201K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $132K
- **Utilities:** $44K
- **Jobs reported:** 19
## 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*