# PPP loan: LIGHTPATH ELECTRIC CO.
> **$216K** approved 02/03/2021 · Paid in Full · Loan `2379778404`
## Borrower
- **Name:** LIGHTPATH ELECTRIC CO.
- **Address:** 2024 E 7th St, Charlotte, NC, 28204-3336
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $216K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*