# PPP loan: KITTERY POINT YACHT YARD CORP
> **$305K** approved 04/05/2020 · Paid in Full · Loan `5433657010`
## Borrower
- **Name:** KITTERY POINT YACHT YARD CORP
- **Address:** 48 Bowen, KITTERY, ME, 03904
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $305K
- **Initial approval:** $252K
- **Forgiven:** $307K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $305K
- **Jobs reported:** 23
## Lender
- **Originating:** Kennebunk Savings Bank
- **Servicing:** Kennebunk Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*