# PPP loan: AM NY ELECTRIC CORP.
> **$216K** approved 04/27/2020 · Paid in Full · Loan `4022077210`
## Borrower
- **Name:** AM NY ELECTRIC CORP.
- **Address:** 9402  80TH ST, OZONE PARK, NY, 11416-1112
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Rent:** $12K
- **Utilities:** $8K
- **Jobs reported:** 12
## Lender
- **Originating:** TrustBank
- **Servicing:** TrustBank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*