# PPP loan: WESCOTT ELECTRIC COMPANY
> **$577K** approved 04/29/2020 · Paid in Full · Loan `3346287303`
## Borrower
- **Name:** WESCOTT ELECTRIC COMPANY
- **Address:** 1600 LENNI RD, ASTON, PA, 19014-1056
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $577K
- **Initial approval:** $577K
- **Forgiven:** $581K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $577K
- **Jobs reported:** 29
## Lender
- **Originating:** Firstrust Savings Bank
- **Servicing:** Firstrust Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*