# PPP loan: PANKO ELECTRICAL & MAINTENANCE, INC.
> **$422K** approved 04/10/2020 · Paid in Full · Loan `2549507107`
## Borrower
- **Name:** PANKO ELECTRICAL & MAINTENANCE, INC.
- **Address:** 1080 Chenango Street, BINGHAMTON, NY, 13901-1634
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $422K
- **Initial approval:** $422K
- **Forgiven:** $424K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $374K
- **Rent:** $11K
- **Utilities:** $1K
- **Health care:** $36K
- **Jobs reported:** 36
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*