# PPP loan: MAINE AUTOMATION INCORPORATED
> **$354K** approved 05/06/2020 · Paid in Full · Loan `2540697405`
## Borrower
- **Name:** MAINE AUTOMATION INCORPORATED
- **Address:** 61 COUNTY RD, GORHAM, ME, 04038-1981
- **NAICS:** 811198
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $354K
- **Initial approval:** $354K
- **Forgiven:** $358K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $354K
- **Jobs reported:** 12
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*