# PPP loan: D&M ELECTRICAL CONTRACTING INC.
> **$659K** approved 04/15/2020 · Paid in Full · Loan `1596387204`
## Borrower
- **Name:** D&M ELECTRICAL CONTRACTING INC.
- **Address:** 90 South Central Avenue, Elmsford, NY, 10523
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $659K
- **Initial approval:** $659K
- **Forgiven:** $664K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $421K
- **Rent:** $10K
- **Utilities:** $800
- **Health care:** $227K
- **Jobs reported:** 30
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*