# PPP loan: MAINE DISTRIBUTORS
> **$1.01M** approved 04/07/2020 · Paid in Full · Loan `6943667007`
## Borrower
- **Name:** MAINE DISTRIBUTORS
- **Address:** 5 Coffey Street, BANGOR, ME, 04401-5757
- **NAICS:** 424810
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.01M
- **Jobs reported:** 102
## Lender
- **Originating:** Machias Savings Bank
- **Servicing:** Machias Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*