# PPP loan: TRI-CITY ELECTRIC CO., INC.
> **$7.48M** approved 04/12/2020 · Paid in Full · Loan `3880947104`
## Borrower
- **Name:** TRI-CITY ELECTRIC CO., INC.
- **Address:** 625 NW16TH AVE, MIAMI, FL, 33125-4611
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.48M
- **Initial approval:** $7.48M
- **Forgiven:** $7.58M (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.48M
- **Jobs reported:** 500
## Lender
- **Originating:** Seacoast National Bank
- **Servicing:** Seacoast National Bank (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*