# PPP loan: LOCAL UNION NO. 3, OF THE INTERNATIONAL BROTHERHOOD OF ELECT
> **$2.12M** approved 05/06/2020 · Paid in Full · Loan `2642757400`
## Borrower
- **Name:** LOCAL UNION NO. 3, OF THE INTERNATIONAL BROTHERHOOD OF ELECT
- **Address:** 158-11 Jewel Ave, Flushing, NY, 11365-3085
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.12M
- **Initial approval:** $2.12M
- **Forgiven:** $2.16M (102%)
- **Forgiveness date:** 05/02/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.12M
- **Jobs reported:** 96
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*