# PPP loan: FAIRFIELD ELECTRIC INCORPORATED
> **$499K** approved 03/13/2021 · Paid in Full · Loan `1248968604`
## Borrower
- **Name:** FAIRFIELD ELECTRIC INCORPORATED
- **Address:** 250 Greenwich Ave, Stamford, CT, 06902-6710
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $499K
- **Initial approval:** $499K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 02/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $499K
- **Jobs reported:** 20
## Lender
- **Originating:** DR Bank
- **Servicing:** DR Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*