# PPP loan: CARRABASSETT VALLEY ACADEMY
> **$380K** approved 03/12/2021 · Paid in Full · Loan `9535008510`
## Borrower
- **Name:** CARRABASSETT VALLEY ACADEMY
- **Address:** 3197 Carrabassett Dr, Carrabassett Valley, ME, 04947-5705
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $380K
- **Initial approval:** $380K
- **Forgiven:** $383K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $380K
- **Utilities:** $1
- **Jobs reported:** 90
## Lender
- **Originating:** Franklin Savings Bank
- **Servicing:** Franklin Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*