# PPP loan: M-V ELECTRICAL CONTRACTORS, INC.
> **$612K** approved 04/13/2020 · Paid in Full · Loan `4310487100`
## Borrower
- **Name:** M-V ELECTRICAL CONTRACTORS, INC.
- **Address:** 10 CONDUIT ST, ACUSHNET, MA, 02743-2634
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $612K
- **Initial approval:** $612K
- **Forgiven:** $619K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $490K
- **Rent:** $50K
- **Utilities:** $52K
- **Health care:** $20K
- **Jobs reported:** 39
## Lender
- **Originating:** Bristol County Savings Bank
- **Servicing:** Bristol County Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*