# PPP loan: COURTEAUX ELECTRIC INC.
> **$469K** approved 04/29/2020 · Paid in Full · Loan `4074247302`
## Borrower
- **Name:** COURTEAUX ELECTRIC INC.
- **Address:** 85 North Yonge Street, Ormond Beach, FL, 32174-4542
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $469K
- **Initial approval:** $469K
- **Forgiven:** $473K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $469K
- **Jobs reported:** 59
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*