# PPP loan: PELMAC INDUSTRIES, INC.
> **$429K** approved 04/09/2020 · Paid in Full · Loan `8994927001`
## Borrower
- **Name:** PELMAC INDUSTRIES, INC.
- **Address:** 12 Commercial Court, AUBURN, NH, 03032-3725
- **NAICS:** 561612
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $429K
- **Jobs reported:** 32
## Lender
- **Originating:** St. Mary's Bank
- **Servicing:** St. Mary's Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*