# PPP loan: CONIFER INDUSTRIES INC
> **$1.40M** approved 04/08/2020 · Paid in Full · Loan `8166007001`
## Borrower
- **Name:** CONIFER INDUSTRIES INC
- **Address:** 633 Intervale Road, NEW GLOUCESTER, ME, 04260-3607
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $78K
- **Forgiven:** $1.32M (94%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Rent:** $100K
- **Mortgage interest:** $50K
- **Utilities:** $90K
- **Jobs reported:** 220
## Lender
- **Originating:** Maine Community Bank
- **Servicing:** Maine Community Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*