# PPP loan: HALE'S ELECTRICAL SERVICE INC.
> **$151K** approved 01/20/2021 · Paid in Full · Loan `2471148308`
## Borrower
- **Name:** HALE'S ELECTRICAL SERVICE INC.
- **Address:** 23194 Airport St, North Dinwiddie, VA, 23803-6915
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (100%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $151K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Benchmark Community Bank
- **Servicing:** Benchmark Community Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*