# PPP loan: ALTERNATIVE MANUFACTURING, INC
> **$522K** approved 04/08/2020 · Paid in Full · Loan `7788417006`
## Borrower
- **Name:** ALTERNATIVE MANUFACTURING, INC
- **Address:** 30 SUMMER ST, WINTHROP, ME, 04364-1217
- **NAICS:** 334418
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $522K
- **Initial approval:** $522K
- **Forgiven:** $525K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $522K
- **Jobs reported:** 70
## Lender
- **Originating:** Androscoggin Savings Bank
- **Servicing:** Androscoggin Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*