# PPP loan: US FELT COMPANY INC
> **$161K** approved 06/29/2020 · Paid in Full · Loan `5961358003`
## Borrower
- **Name:** US FELT COMPANY INC
- **Address:** 61 Industrial Ave, SANFORD, ME, 04073-5820
- **NAICS:** 314999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $121K
- **Rent:** $40K
- **Jobs reported:** 19
## Lender
- **Originating:** Maine Community Bank
- **Servicing:** Maine Community Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*