# PPP loan: MAITLAND ENGINEERING INC
> **$841K** approved 03/23/2021 · Paid in Full · Loan `6929298602`
## Borrower
- **Name:** MAITLAND ENGINEERING INC
- **Address:** 2713 Foundation Dr, South Bend, IN, 46628-4334
- **NAICS:** 339113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $841K
- **Initial approval:** $841K
- **Forgiven:** $845K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $841K
- **Utilities:** $1
- **Jobs reported:** 63
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*