# PPP loan: HEGEMAN ELECTRIC INC
> **$199K** approved 04/11/2020 · Paid in Full · Loan `3349327101`
## Borrower
- **Name:** HEGEMAN ELECTRIC INC
- **Address:** 16 GAUTHIER DR, ESSEX JUNCTION, VT, 05452-2825
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $199K (100%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Jobs reported:** 15
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*