# PPP loan: WELLSBOROUGH ELECTRIC COMPANY
> **$191K** approved 03/15/2021 · Paid in Full · Loan `2854998607`
## Borrower
- **Name:** WELLSBOROUGH ELECTRIC COMPANY
- **Address:** 33 Austin St, Wellsboro, PA, 16901-1703
- **NAICS:** 221122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $191K
- **Initial approval:** $191K
- **Forgiven:** $192K (100%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $191K
- **Utilities:** $1
- **Jobs reported:** 6
## Lender
- **Originating:** Citizens & Northern Bank
- **Servicing:** Citizens & Northern Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*