# PPP loan: AVESTA HOUSING DEVELOPMENT CORPORATION
> **$622K** approved 04/05/2020 · Paid in Full · Loan `5427507004`
## Borrower
- **Name:** AVESTA HOUSING DEVELOPMENT CORPORATION
- **Address:** 307 Cumberland Avenue, PORTLAND, ME, 04101-4920
- **NAICS:** 236115
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $622K
- **Initial approval:** $622K
- **Forgiven:** $628K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $622K
- **Jobs reported:** 36
## Lender
- **Originating:** Gorham Savings Bank
- **Servicing:** Gorham Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*