# PPP loan: JMC ELECTRICAL CONTRACTOR, LLC
> **$850K** approved 04/15/2020 · Paid in Full · Loan `1902337210`
## Borrower
- **Name:** JMC ELECTRICAL CONTRACTOR, LLC
- **Address:** 33651 GIFTOS DR, CLINTON TWP, MI, 48035
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $850K
- **Initial approval:** $850K
- **Forgiven:** $856K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $727K
- **Rent:** $8K
- **Utilities:** $2K
- **Health care:** $112K
- **Jobs reported:** 49
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*