# PPP loan: BROWN ELECTRIC, INC.
> **$324K** approved 04/27/2020 · Paid in Full · Loan `3572397201`
## Borrower
- **Name:** BROWN ELECTRIC, INC.
- **Address:** 17450 INDIAN HEAD HIGHWAY, SUITE 100, ACCOKEEK, MD, 20607
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $326K (101%)
- **Forgiveness date:** 02/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Jobs reported:** 25
## Lender
- **Originating:** WesBanco Bank, Inc.
- **Servicing:** WesBanco Bank, Inc. (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*