# PPP loan: PRESLEY ELECTRIC COMPANY INC.
> **$182K** approved 02/03/2021 · Paid in Full · Loan `2630338402`
## Borrower
- **Name:** PRESLEY ELECTRIC COMPANY INC.
- **Address:** 30 N Industrial, Palmetto, GA, 30268-1630
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $182K
- **Initial approval:** $182K
- **Forgiven:** $182K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $182K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*