# PPP loan: EAST COAST ELECTRIC COMPANY
> **$336K** approved 04/15/2020 · Paid in Full · Loan `1017077201`
## Borrower
- **Name:** EAST COAST ELECTRIC COMPANY
- **Address:** 824 Kiamensi Road, Wilmington, DE, 19804
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $336K
- **Initial approval:** $336K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $336K
- **Jobs reported:** 35
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*