# PPP loan: ABM MECHANICAL INC
> **$1.60M** approved 04/05/2020 · Paid in Full · Loan `5116987000`
## Borrower
- **Name:** ABM MECHANICAL INC
- **Address:** 33 Dowd Rd, BANGOR, ME, 04401-6733
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.60M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.60M
- **Jobs reported:** 126
## Lender
- **Originating:** Bangor Savings Bank
- **Servicing:** Bangor Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*