# PPP loan: APG ELECTRIC, INC.
> **$6.32M** approved 04/12/2020 · Paid in Full · Loan `3913877104`
## Borrower
- **Name:** APG ELECTRIC, INC.
- **Address:** 4825 140th Avenue North, Clearwater, FL, 33762
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.32M
- **Initial approval:** $6.32M
- **Forgiven:** $6.39M (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.01M
- **Mortgage interest:** $112K
- **Utilities:** $200K
- **Jobs reported:** 432
## Lender
- **Originating:** SouthState Bank, National Association
- **Servicing:** SouthState Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*