# PPP loan: S & W ELECTRIC COMPANY INC
> **$303K** approved 04/10/2020 · Paid in Full · Loan `1340197104`
## Borrower
- **Name:** S & W ELECTRIC COMPANY INC
- **Address:** 2901 2ND AVE South, BIRMINGHAM, AL, 35233-2900
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $303K
- **Jobs reported:** 25
## Lender
- **Originating:** Alabama Central CU
- **Servicing:** Alabama Central CU (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*