# PPP loan: ELDERCARE NETWORK OF LINCOLN COUNTY
> **$323K** approved 04/28/2020 · Paid in Full · Loan `7467337201`
## Borrower
- **Name:** ELDERCARE NETWORK OF LINCOLN COUNTY
- **Address:** 19 Sheepscot Road, NEWCASTLE, ME, 04553
- **NAICS:** 515120
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $323K
- **Initial approval:** $323K
- **Forgiven:** $326K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Mortgage interest:** $40K
- **Utilities:** $40K
- **Jobs reported:** 55
## 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*