# PPP loan: AMATO'S SANDWICH SHOPS, INC.
> **$1.38M** approved 04/07/2020 · Paid in Full · Loan `7198047002`
## Borrower
- **Name:** AMATO'S SANDWICH SHOPS, INC.
- **Address:** 312 St. John Street, PORTLAND, ME, 04102-3020
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.38M
- **Jobs reported:** 197
## 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*