# PPP loan: METRO ELECTRICAL CONTRACTORS INC.
> **$317K** approved 02/04/2021 · Paid in Full · Loan `3344288404`
## Borrower
- **Name:** METRO ELECTRICAL CONTRACTORS INC.
- **Address:** 218 Hamilton Ave, Brooklyn, NY, 11231-1831
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $317K
- **Initial approval:** $317K
- **Forgiven:** $321K (101%)
- **Forgiveness date:** 04/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $317K
- **Jobs reported:** 28
## Lender
- **Originating:** Quaint Oak Bank
- **Servicing:** Quaint Oak Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*