# PPP loan: CENTENNIAL ELECTRIC
> **$1.03M** approved 01/16/2021 · Paid in Full · Loan `1135238307`
## Borrower
- **Name:** CENTENNIAL ELECTRIC
- **Address:** 2206 Lansing Rd, Charlotte, MI, 48813
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.03M
- **Jobs reported:** 43
## Lender
- **Originating:** Capitol National Bank
- **Servicing:** Capitol National Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*