# PPP loan: KENNEBEC TECHNOLOGIES
> **$748K** approved 02/03/2021 · Paid in Full · Loan `2373018409`
## Borrower
- **Name:** KENNEBEC TECHNOLOGIES
- **Address:** 150 Church Hill Rd, Augusta, ME, 04330-8261
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $748K
- **Initial approval:** $748K
- **Forgiven:** $751K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $747K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** Bangor Savings Bank
- **Servicing:** Bangor Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*