# PPP loan: H R BEAL + SONS INC
> **$175K** approved 01/27/2021 · Paid in Full · Loan `6889508304`
## Borrower
- **Name:** H R BEAL + SONS INC
- **Address:** 182 Clark Point Rd, Southwest Harbor, ME, 04679-4414
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 03/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*