# PPP loan: AUTOMATIC DISTRIBUTORS
> **$661K** approved 04/07/2020 · Paid in Full · Loan `6777007001`
## Borrower
- **Name:** AUTOMATIC DISTRIBUTORS
- **Address:** 22 TARGET CIR, BANGOR, ME, 04401-5716
- **NAICS:** 423860
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $661K
- **Initial approval:** $661K
- **Forgiven:** $665K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $661K
- **Jobs reported:** 79
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*