# PPP loan: BOLLINGER ELECTRIC INC
> **$673K** approved 01/19/2021 · Paid in Full · Loan `1721848305`
## Borrower
- **Name:** BOLLINGER ELECTRIC INC
- **Address:** 1035 Bushkill Center Rd, Nazareth, PA, 18064-9553
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $673K
- **Initial approval:** $673K
- **Forgiven:** $678K (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $673K
- **Jobs reported:** 66
## Lender
- **Originating:** American Bank
- **Servicing:** American Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*