# PPP loan: AKERS CONSTRUCTION & ELECTRIC INC.
> **$207K** approved 04/12/2020 · Paid in Full · Loan `3817107107`
## Borrower
- **Name:** AKERS CONSTRUCTION & ELECTRIC INC.
- **Address:** 2470 PIPERS GAP RD, MOUNT AIRY, NC, 27030-7584
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $208K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $207K
- **Jobs reported:** 23
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*