# PPP loan: WILLIAM M LOWE INC
> **$199K** approved 01/27/2021 · Paid in Full · Loan `7086348305`
## Borrower
- **Name:** WILLIAM M LOWE INC
- **Address:** 5 Gordon Dr, Rockland, ME, 04841-2138
- **NAICS:** 332510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 02/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $199K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Bangor Savings Bank
- **Servicing:** Bangor Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*