# PPP loan: MAINE PARTS & MACHINE INC
> **$454K** approved 05/01/2020 · Paid in Full · Loan `6978037703`
## Borrower
- **Name:** MAINE PARTS & MACHINE INC
- **Address:** 68 WALDRON WAY, PORTLAND, ME, 04103-5944
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $454K
- **Initial approval:** $454K
- **Forgiven:** $459K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $454K
- **Jobs reported:** 29
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*