# PPP loan: DOWNEAST COMMUNITY HOSPITAL
> **$3.35M** approved 04/05/2020 · Paid in Full · Loan `5247957002`
## Borrower
- **Name:** DOWNEAST COMMUNITY HOSPITAL
- **Address:** 11 Hospital Drive, MACHIAS, ME, 04654-3325
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.35M
- **Initial approval:** $3.35M
- **Forgiven:** $3.38M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.35M
- **Jobs reported:** 250
## 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*