# PPP loan: SALISBURY COVE ASSOCIATES INC.
> **$193K** approved 01/25/2021 · Paid in Full · Loan `5386158310`
## Borrower
- **Name:** SALISBURY COVE ASSOCIATES INC.
- **Address:** 15 Knox Rd, Bar Harbor, ME, 04609-7770
- **NAICS:** 312120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $193K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $192K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*