# PPP loan: K & M ELECTRICAL CONTRACTING INC.
> **$150K** approved 02/23/2021 · Paid in Full · Loan `3125848504`
## Borrower
- **Name:** K & M ELECTRICAL CONTRACTING INC.
- **Address:** 132 W 31st St Bsmt B, New York, NY, 10001-3413
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (100%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 6
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*