# PPP loan: HARPSWELL COASTAL ACADEMY INC
> **$310K** approved 04/06/2020 · Paid in Full · Loan `5815597000`
## Borrower
- **Name:** HARPSWELL COASTAL ACADEMY INC
- **Address:** 9 ASH POINT RD, HARPSWELL, ME, 04079-3418
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $310K
- **Initial approval:** $310K
- **Forgiven:** $312K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Rent:** $34K
- **Utilities:** $27K
- **Jobs reported:** 30
## 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) · MORVS · CC0 1.0*