# PPP loan: GENMAR ELECTRICAL CONTRACTING CORP
> **$711K** approved 02/05/2021 · Paid in Full · Loan `3682928409`
## Borrower
- **Name:** GENMAR ELECTRICAL CONTRACTING CORP
- **Address:** 35 Urban Ave, Westbury, NY, 11590-4837
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $711K
- **Initial approval:** $711K
- **Forgiven:** $716K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $711K
- **Utilities:** $1
- **Jobs reported:** 54
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*