# PPP loan: LABONTY ENGINEERING INC
> **$196K** approved 02/09/2021 · Paid in Full · Loan `5614268409`
## Borrower
- **Name:** LABONTY ENGINEERING INC
- **Address:** 1 Gibson Rd, Scarborough, ME, 04074-8333
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $196K
- **Utilities:** $1
- **Jobs reported:** 10
## 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*