# PPP loan: MCMICHEN ELECTRIC INC.
> **$206K** approved 04/11/2021 · Paid in Full · Loan `2023018801`
## Borrower
- **Name:** MCMICHEN ELECTRIC INC.
- **Address:** 120 County Road 917, Leesburg, AL, 35983-4925
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $206K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** First Southern State Bank
- **Servicing:** First Southern State Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*