# PPP loan: D'ANGELO ELECTRICAL CONTRACTOR, INC.
> **$324K** approved 04/10/2020 · Paid in Full · Loan `2212737100`
## Borrower
- **Name:** D'ANGELO ELECTRICAL CONTRACTOR, INC.
- **Address:** 19 Germantown Road, Bordentown, NJ, 08505-2406
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $276K
- **Health care:** $49K
- **Jobs reported:** 16
## Lender
- **Originating:** The Bank of Princeton
- **Servicing:** The Bank of Princeton (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*