# PPP loan: R J GRONDIN & SONS
> **$1.77M** approved 04/06/2020 · Paid in Full · Loan `5935777000`
## Borrower
- **Name:** R J GRONDIN & SONS
- **Address:** 11 Bartlett Road, GORHAM, ME, 04038-2601
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.77M
- **Initial approval:** $1.77M
- **Forgiven:** $1.78M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.77M
- **Jobs reported:** 126
## 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) · MORVS · CC0 1.0*