# PPP loan: ELMET TECHNOLOGIES LLC
> **$2.00M** approved 04/14/2020 · Paid in Full · Loan `6290577104`
## Borrower
- **Name:** ELMET TECHNOLOGIES LLC
- **Address:** 1560 Lisbon Street, LEWISTON, ME, 04240
- **NAICS:** 331314
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.03M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.50M
- **Utilities:** $501K
- **Jobs reported:** 154
## Lender
- **Originating:** Auburn Savings Bank, FSB
- **Servicing:** Auburn Savings Bank, FSB (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*