# PPP loan: BOX ELECTRIC COMPANY INC
> **$278K** approved 03/16/2021 · Paid in Full · Loan `3170518607`
## Borrower
- **Name:** BOX ELECTRIC COMPANY INC
- **Address:** 5516 Old Wake Forest Rd N/A, Raleigh, NC, 27609-5014
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $283K (102%)
- **Forgiveness date:** 01/06/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $278K
- **Jobs reported:** 32
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*