# PPP loan: PINE STATE SERVICES, INC
> **$1.22M** approved 04/07/2020 · Paid in Full · Loan `6797417003`
## Borrower
- **Name:** PINE STATE SERVICES, INC
- **Address:** 3 Eisenhower Drive, WESTBROOK, ME, 04092-2002
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.06M
- **Rent:** $18K
- **Utilities:** $142K
- **Jobs reported:** 81
## 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*