# PPP loan: JOHN W. KAY ELECTRICAL CONTRACTOR INC.
> **$330K** approved 04/10/2020 · Paid in Full · Loan `1965907103`
## Borrower
- **Name:** JOHN W. KAY ELECTRICAL CONTRACTOR INC.
- **Address:** 1491 Hatboro Rd, RICHBORO, PA, 18954-1227
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $330K
- **Initial approval:** $330K
- **Forgiven:** $333K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $330K
- **Jobs reported:** 20
## Lender
- **Originating:** Penn Community Bank
- **Servicing:** Penn Community Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*