# PPP loan: SKED ELECTRIC LLC
> **$152K** approved 03/26/2021 · Paid in Full · Loan `1016698705`
## Borrower
- **Name:** SKED ELECTRIC LLC
- **Address:** 30 Sunset Dr, Old Lyme, CT, 06371-1136
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 03/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $152K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Liberty Bank
- **Servicing:** Liberty Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*