# PPP loan: AMERICAN ELECTRICAL CONSTRUCTION INC.
> **$294K** approved 05/18/2021 · Paid in Full · Loan `3468669006`
## Borrower
- **Name:** AMERICAN ELECTRICAL CONSTRUCTION INC.
- **Address:** 180 S Meadow Rd, Plymouth, MA, 02360-8901
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $294K
- **Initial approval:** $294K
- **Forgiven:** $295K (101%)
- **Forgiveness date:** 12/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $294K
- **Jobs reported:** 12
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*