# PPP loan: BIRMINGHAM ELECTRICAL CONTRACTORS INC.
> **$232K** approved 01/21/2021 · Paid in Full · Loan `2960648306`
## Borrower
- **Name:** BIRMINGHAM ELECTRICAL CONTRACTORS INC.
- **Address:** 5299 Southland Cir, Bessemer, AL, 35022-8310
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $232K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*