# PPP loan: COLONIAL ADJUSTMENT INCORPORATED
> **$713K** approved 04/07/2020 · Paid in Full · Loan `7063597006`
## Borrower
- **Name:** COLONIAL ADJUSTMENT INCORPORATED
- **Address:** 111 WESCOTT RD, SOUTH PORTLAND, ME, 04106-3437
- **NAICS:** 524291
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $713K
- **Initial approval:** $713K
- **Forgiven:** $717K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $713K
- **Jobs reported:** 49
## Lender
- **Originating:** Gorham Savings Bank
- **Servicing:** Gorham Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*