# PPP loan: ELECTRICAL SYSTEMS OF MAINE INC
> **$415K** approved 02/04/2021 · Paid in Full · Loan `3086488401`
## Borrower
- **Name:** ELECTRICAL SYSTEMS OF MAINE INC
- **Address:** 1200 Minot Ave, Auburn, ME, 04210-3749
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $415K
- **Initial approval:** $415K
- **Forgiven:** $419K (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $415K
- **Jobs reported:** 42
## Lender
- **Originating:** Norway Savings Bank
- **Servicing:** Norway Savings Bank (ME)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*