# PPP loan: NBE ELECTRICAL CONTRACTORS, INC.
> **$181K** approved 01/16/2021 · Paid in Full · Loan `1316368310`
## Borrower
- **Name:** NBE ELECTRICAL CONTRACTORS, INC.
- **Address:** 21 Wilbraham St, Palmer, MA, 01069-9605
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $181K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** North Brookfield Savings Bank
- **Servicing:** North Brookfield Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*