# PPP loan: J L DAVIS ELECTRICAL CONTRACTORS, INC.
> **$158K** approved 04/11/2020 · Paid in Full · Loan `3558807110`
## Borrower
- **Name:** J L DAVIS ELECTRICAL CONTRACTORS, INC.
- **Address:** 235 Knox St, Barbourville, KY, 40906-1427
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $156K
- **Utilities:** $2K
- **Jobs reported:** 11
## Lender
- **Originating:** Hometown Bank of Corbin, Inc. d/b/a Hometown Bank
- **Servicing:** Hometown Bank of Corbin, Inc. d/b/a Hometown Bank (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*