# PPP loan: JACK SPRING ELECTRICAL CONTRACTORS, INC
> **$370K** approved 04/10/2020 · Paid in Full · Loan `1925477100`
## Borrower
- **Name:** JACK SPRING ELECTRICAL CONTRACTORS, INC
- **Address:** 6307 LINWOOD AVE, SHREVEPORT, LA, 71106-2615
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $374K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $370K
- **Jobs reported:** 27
## Lender
- **Originating:** Progressive Bank
- **Servicing:** Progressive Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*