# PPP loan: E&P ELECTRICAL CONTRACTING CO, INC.
> **$300K** approved 04/11/2020 · Paid in Full · Loan `3471297109`
## Borrower
- **Name:** E&P ELECTRICAL CONTRACTING CO, INC.
- **Address:** 3418 Azalea Garden Road, Norfolk, VA, 23513-4902
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Rent:** $18K
- **Utilities:** $12K
- **Jobs reported:** 20
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*