# PPP loan: B W ELECTRIC INC. AND BW SERVICES LLC
> **$558K** approved 04/11/2020 · Paid in Full · Loan `2613937102`
## Borrower
- **Name:** B W ELECTRIC INC. AND BW SERVICES LLC
- **Address:** 15342 S Dupont Hwy, HARRINGTON, DE, 19952-3114
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $558K
- **Initial approval:** $558K
- **Forgiven:** $563K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $418K
- **Rent:** $70K
- **Utilities:** $70K
- **Jobs reported:** 26
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*