# PPP loan: ALBARELL ELECTRIC, INC
> **$4.00M** approved 04/11/2020 · Paid in Full · Loan `2885177103`
## Borrower
- **Name:** ALBARELL ELECTRIC, INC
- **Address:** 901 W LEHIGH ST, BETHLEHEM, PA, 18018-5143
- **NAICS:** 238210
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.00M
- **Initial approval:** $4.00M
- **Forgiven:** $4.05M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.00M
- **Jobs reported:** 173
## Lender
- **Originating:** Univest Bank and Trust Co
- **Servicing:** Univest Bank and Trust Co (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*