# PPP loan: MAQUOIT BAY MOTORS, INC.
> **$492K** approved 04/13/2020 · Paid in Full · Loan `5705307102`
## Borrower
- **Name:** MAQUOIT BAY MOTORS, INC.
- **Address:** 80 Main Street, SOUTH PARIS, ME, 04281-1427
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $492K
- **Initial approval:** $492K
- **Forgiven:** $498K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $492K
- **Jobs reported:** 36
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*