# PPP loan: GOULD'S ELECTRIC MOTOR REPAIR INC
> **$315K** approved 01/20/2021 · Paid in Full · Loan `2154348305`
## Borrower
- **Name:** GOULD'S ELECTRIC MOTOR REPAIR INC
- **Address:** 10947 Clay Hwy, Indore, WV, 25111-8093
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $315K
- **Initial approval:** $315K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 05/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $315K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Star USA FCU
- **Servicing:** Star USA FCU (WV)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*