# PPP loan: NEXT WAVE ELECTRICAL CONTRACTORS INC
> **$182K** approved 05/18/2021 · Paid in Full · Loan `2941279009`
## Borrower
- **Name:** NEXT WAVE ELECTRICAL CONTRACTORS INC
- **Address:** 111 Railroad Ave Ste B3, Westminster, MD, 21157-4824
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $182K
- **Initial approval:** $182K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 08/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $182K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*