# PPP loan: DALTON ELECTRIC SERVICE INC.
> **$165K** approved 02/03/2021 · Paid in Full · Loan `2673258402`
## Borrower
- **Name:** DALTON ELECTRIC SERVICE INC.
- **Address:** 6505 Mid Cities Ave, Beltsville, MD, 20705-1434
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 04/27/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $165K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*