# PPP loan: POSITIVE ELECTRICAL ASSOCIATES INC.
> **$458K** approved 04/14/2021 · Exemption 4 · Loan `3274158807`
## Borrower
- **Name:** POSITIVE ELECTRICAL ASSOCIATES INC.
- **Address:** 4033 23rd St, Long Island City, NY, 11101-4818
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $458K
- **Initial approval:** $458K
- **Status:** Exemption 4
- **Term:** 34 months
## Use of funds
- **Payroll:** $458K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Northeast 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*