# PPP loan: ELECTRIC TIME COMPANY, INC.
> **$274K** approved 01/21/2021 · Paid in Full · Loan `3206198305`
## Borrower
- **Name:** ELECTRIC TIME COMPANY, INC.
- **Address:** 97 West St, Medfield, MA, 02052-1513
- **NAICS:** 334519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 12/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Middlesex Savings Bank
- **Servicing:** Middlesex Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*