# PPP loan: POWER & ENERGY SYSTEMS, INC
> **$192K** approved 04/12/2020 · Paid in Full · Loan `3757077108`
## Borrower
- **Name:** POWER & ENERGY SYSTEMS, INC
- **Address:** 87 FINN PARKER ROAD, GORHAM, ME, 04038-2016
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 08/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $192K
- **Jobs reported:** 9
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*