# PPP loan: ADDISON POINT SPECIALIZED SERVICES INC.
> **$172K** approved 04/09/2020 · Paid in Full · Loan `9237627002`
## Borrower
- **Name:** ADDISON POINT SPECIALIZED SERVICES INC.
- **Address:** 312 Water Street, ADDISON, ME, 04606-3038
- **NAICS:** 623312
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 32
## Lender
- **Originating:** Machias Savings Bank
- **Servicing:** Machias Savings Bank (ME)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*