# PPP loan: LODGESYS, INC.
> **$195K** approved 04/09/2020 · Paid in Full · Loan `9561167008`
## Borrower
- **Name:** LODGESYS, INC.
- **Address:** 501 Danforth St, PORTLAND, ME, 04102-3665
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Jobs reported:** 43
## Lender
- **Originating:** Machias Savings Bank
- **Servicing:** Machias Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*