# PPP loan: ELECTRICAL SOLUTIONS INC
> **$202K** approved 01/19/2021 · Paid in Full · Loan `1648768308`
## Borrower
- **Name:** ELECTRICAL SOLUTIONS INC
- **Address:** 20 Pond Ridge Dr, Lewiston, ME, 04240-2320
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $203K (100%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $202K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Maine Community Bank
- **Servicing:** Maine Community Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*