# PPP loan: D&R ELECTRIC INC
> **$152K** approved 04/15/2020 · Paid in Full · Loan `1086647210`
## Borrower
- **Name:** D&R ELECTRIC INC
- **Address:** 4640 Wedgewoof Blvd Suite 108, Frederick, MD, 21703
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $155K (102%)
- **Forgiveness date:** 11/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $114K
- **Rent:** $19K
- **Utilities:** $19K
- **Jobs reported:** 11
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*