# PPP loan: CARUSO & SONS ELECTRICAL CONTRACTING, INC.
> **$286K** approved 05/01/2020 · Paid in Full · Loan `1369887702`
## Borrower
- **Name:** CARUSO & SONS ELECTRICAL CONTRACTING, INC.
- **Address:** 412 CITY ISLAND AVE, BRONX, NY, 10464
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $286K
- **Initial approval:** $286K
- **Forgiven:** $289K (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $35K
- **Utilities:** $5K
- **Health care:** $46K
- **Jobs reported:** 19
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*