# PPP loan: S. DONNELLY ELECTRIC, INC.
> **$310K** approved 04/10/2020 · Paid in Full · Loan `2502277102`
## Borrower
- **Name:** S. DONNELLY ELECTRIC, INC.
- **Address:** 31 BEDFORD ST, LAKEVILLE, MA, 02347-1307
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $310K
- **Initial approval:** $539K
- **Forgiven:** $313K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $310K
- **Jobs reported:** 27
## Lender
- **Originating:** Rockland Trust Company
- **Servicing:** Rockland Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*