# PPP loan: J W ELECTRIC
> **$155K** approved 04/10/2020 · Paid in Full · Loan `2456137104`
## Borrower
- **Name:** J W ELECTRIC
- **Address:** 106 Washington Avenue, COLONIAL HEIGHTS, VA, 23834-3846
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 11
## Lender
- **Originating:** Touchstone Bank
- **Servicing:** Touchstone Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*