# PPP loan: NAUSET ASSOCIATES
> **$1.46M** approved 04/07/2020 · Paid in Full · Loan `7210587004`
## Borrower
- **Name:** NAUSET ASSOCIATES
- **Address:** 288 Fore Street, PORTLAND, ME, 04101-4109
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.46M
- **Initial approval:** $1.46M
- **Forgiven:** $1.47M (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.46M
- **Jobs reported:** 158
## Lender
- **Originating:** Bangor Savings Bank
- **Servicing:** Bangor Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*