# PPP loan: DOUGLAS ELECTRIC & LIGHTING INC.
> **$1.40M** approved 01/20/2021 · Paid in Full · Loan `2298358307`
## Borrower
- **Name:** DOUGLAS ELECTRIC & LIGHTING INC.
- **Address:** 11125 Pepper Rd, Hunt Valley, MD, 21031-1203
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.41M (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.40M
- **Utilities:** $1
- **Jobs reported:** 110
## Lender
- **Originating:** WesBanco Bank, Inc.
- **Servicing:** WesBanco Bank, Inc. (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*