# PPP loan: PASQUARIELLO ELECTRIC CORP
> **$333K** approved 01/21/2021 · Paid in Full · Loan `2973388310`
## Borrower
- **Name:** PASQUARIELLO ELECTRIC CORP
- **Address:** 1 Bishop Ln, Madison, CT, 06443-3339
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $336K (101%)
- **Forgiveness date:** 12/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $333K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Ion Bank
- **Servicing:** Ion Bank (CT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*