# PPP loan: JAY'S ELECTRIC INC
> **$257K** approved 01/16/2021 · Paid in Full · Loan `1234048304`
## Borrower
- **Name:** JAY'S ELECTRIC INC
- **Address:** 156 Ross Ln, Benton, KY, 42025-7965
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 24
## Lender
- **Originating:** SouthernTrust Bank
- **Servicing:** SouthernTrust Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*