# PPP loan: ADDCO ELECTRIC INCORPORATED
> **$218K** approved 01/20/2021 · Paid in Full · Loan `1850608310`
## Borrower
- **Name:** ADDCO ELECTRIC INCORPORATED
- **Address:** 1136 S 107th East Ave, Tulsa, OK, 74128-4004
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $218K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Mabrey Bank
- **Servicing:** Mabrey Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*