# PPP loan: ELECTRO METHODS INC
> **$2.00M** approved 02/18/2021 · Paid in Full · Loan `1111198510`
## Borrower
- **Name:** ELECTRO METHODS INC
- **Address:** 330 Governors Hwy, South Windsor, CT, 06074-2422
- **NAICS:** 336412
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 12/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 218
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*