# PPP loan: TARGET ELECTRIC INC.
> **$306K** approved 02/24/2021 · Paid in Full · Loan `3883698506`
## Borrower
- **Name:** TARGET ELECTRIC INC.
- **Address:** 5931 Bartholow Road 5931 Bartholow Road, Sykesville, MD, 21784
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Forgiven:** $307K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $306K
- **Jobs reported:** 23
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*