# PPP loan: C&J ELECTRIC INC.
> **$328K** approved 04/26/2021 · Paid in Full · Loan `1925848906`
## Borrower
- **Name:** C&J ELECTRIC INC.
- **Address:** 9195 State Route 119 W, Anna, OH, 45302-9526
- **NAICS:** 811412
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $330K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $328K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** First National Bank in New Bremen
- **Servicing:** First National Bank in New Bremen (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*