# PPP loan: GORHAM SAND & GRAVEL INC.
> **$1.17M** approved 04/04/2020 · Paid in Full · Loan `4885657006`
## Borrower
- **Name:** GORHAM SAND & GRAVEL INC.
- **Address:** 939 Parker Farm Rd, BUXTON, ME, 04093-3654
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.17M
- **Initial approval:** $1.17M
- **Forgiven:** $1.18M (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.17M
- **Jobs reported:** 82
## Lender
- **Originating:** Gorham Savings Bank
- **Servicing:** Gorham Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*