# PPP loan: SCHOONER RETIREMENT COMMUNITY INC.
> **$852K** approved 06/19/2020 · Paid in Full · Loan `9232847903`
## Borrower
- **Name:** SCHOONER RETIREMENT COMMUNITY INC.
- **Address:** 200 STETSON RD, AUBURN, ME, 04210-6422
- **NAICS:** 623311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $852K
- **Initial approval:** $911K
- **Forgiven:** $867K (102%)
- **Forgiveness date:** 03/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $852K
- **Jobs reported:** 90
## Lender
- **Originating:** Androscoggin Savings Bank
- **Servicing:** Androscoggin Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*