# PPP loan: LANGER ELECTRIC COMPANY
> **$613K** approved 02/24/2021 · Paid in Full · Loan `3766048500`
## Borrower
- **Name:** LANGER ELECTRIC COMPANY
- **Address:** 6500 NW 21st Ave Ste 1, Fort Lauderdale, FL, 33309-1867
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $613K
- **Initial approval:** $613K
- **Forgiven:** $618K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $613K
- **Jobs reported:** 40
## Lender
- **Originating:** Amerant Bank, National Association
- **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*