# PPP loan: OARWEED RESTAURANT MGMT INC
> **$334K** approved 04/14/2020 · Paid in Full · Loan `7160167106`
## Borrower
- **Name:** OARWEED RESTAURANT MGMT INC
- **Address:** 65 Perkins Cove Road, Ogunquit, ME, 03907
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $337K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $334K
- **Jobs reported:** 49
## Lender
- **Originating:** Kennebunk Savings Bank
- **Servicing:** Kennebunk Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*