# PPP loan: MEM CONTRACTING INC
> **$302K** approved 03/17/2021 · Paid in Full · Loan `3869528603`
## Borrower
- **Name:** MEM CONTRACTING INC
- **Address:** 819 S Philadelphia Blvd Mem Contracting Inc, Aberdeen, MD, 21001-3612
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 12/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $302K
- **Utilities:** $1
- **Jobs reported:** 15
## 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*