# PPP loan: SYLVESTER ELECTRIC
> **$483K** approved 04/11/2020 · Paid in Full · Loan `3575757110`
## Borrower
- **Name:** SYLVESTER ELECTRIC
- **Address:** 1215 MAIN ST, STE 104, TEWKSBURY, MA, 01876-2009
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $483K
- **Initial approval:** $483K
- **Forgiven:** $489K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $432K
- **Health care:** $52K
- **Jobs reported:** 59
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*