# PPP loan: BP ELECTRIC CORP.
> **$154K** approved 03/13/2021 · Charged Off · Loan `2311008607`
## Borrower
- **Name:** BP ELECTRIC CORP.
- **Address:** 1425 37th St, Brooklyn, NY, 11218-3767
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Status:** Charged Off
- **Term:** 34 months
## Use of funds
- **Payroll:** $154K
- **Jobs reported:** 42
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*