# PPP loan: PARAMOUNT ELECTRICAL SERVICES LLC
> **$700K** approved 02/22/2021 · Paid in Full · Loan `2861448506`
## Borrower
- **Name:** PARAMOUNT ELECTRICAL SERVICES LLC
- **Address:** 6500 Eastwick Ave, Philadelphia, PA, 19142-3311
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $705K (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $700K
- **Jobs reported:** 21
## Lender
- **Originating:** Firstrust Savings Bank
- **Servicing:** Firstrust Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*