# PPP loan: BOWMAN CONSTRUCTORS
> **$423K** approved 04/05/2020 · Paid in Full · Loan `5124537005`
## Borrower
- **Name:** BOWMAN CONSTRUCTORS
- **Address:** 552 Moosehead Trail, NEWPORT, ME, 04953-4005
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $427K (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $423K
- **Jobs reported:** 34
## 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*