# PPP loan: WILLIAMS ELECTRIC SUPPLY CO
> **$554K** approved 04/12/2020 · Paid in Full · Loan `3968417103`
## Borrower
- **Name:** WILLIAMS ELECTRIC SUPPLY CO
- **Address:** 831 A Cowan Street, Nashville, TN, 37207-5623
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $554K
- **Initial approval:** $554K
- **Forgiven:** $558K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $462K
- **Rent:** $42K
- **Utilities:** $6K
- **Health care:** $34K
- **Debt interest:** $10K
- **Jobs reported:** 42
## Lender
- **Originating:** CapStar Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*