# PPP loan: MAINE COLLEGE OF ART
> **$1.76M** approved 04/08/2020 · Paid in Full · Loan `7886507002`
## Borrower
- **Name:** MAINE COLLEGE OF ART
- **Address:** 522 CONGRESS ST, PORTLAND, ME, 04101-3361
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.76M
- **Initial approval:** $1.76M
- **Forgiven:** $1.78M (101%)
- **Forgiveness date:** 05/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.76M
- **Jobs reported:** 235
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*