# PPP loan: WEAVER ELECTRIC INCORPORATED
> **$1.15M** approved 02/02/2021 · Paid in Full · Loan `1575548408`
## Borrower
- **Name:** WEAVER ELECTRIC INCORPORATED
- **Address:** 8289 Canal Rd, Gulfport, MS, 39503-9043
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 01/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.15M
- **Utilities:** $1
- **Jobs reported:** 73
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*