# PPP loan: GIGUERE ELECTRIC INC
> **$340K** approved 01/23/2021 · Paid in Full · Loan `4306388305`
## Borrower
- **Name:** GIGUERE ELECTRIC INC
- **Address:** 136 Frank Bean Rd, Laconia, NH, 03246-1334
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $342K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $340K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Franklin Savings Bank
- **Servicing:** Franklin Savings Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*