# PPP loan: MSW ELECTRICAL CONTRACTORS OF SC INC
> **$292K** approved 01/19/2021 · Charged Off · Loan `1797778304`
## Borrower
- **Name:** MSW ELECTRICAL CONTRACTORS OF SC INC
- **Address:** 817 Williamston Rd, Anderson, SC, 29621-6503
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $168K (58%)
- **Forgiveness date:** 03/10/2022
- **Status:** Charged Off
- **Term:** 39 months
## Use of funds
- **Payroll:** $292K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** The Peoples Bank
- **Servicing:** The Peoples Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*