# PPP loan: SELECTRICITY, LLC
> **$432K** approved 04/13/2020 · Charged Off · Loan `4339747110`
## Borrower
- **Name:** SELECTRICITY, LLC
- **Address:** 1811 BLACKBIRD LN, PENSACOLA, FL, 32534-9350
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $432K
- **Initial approval:** $432K
- **Forgiven:** $393K (91%)
- **Forgiveness date:** 08/16/2022
- **Status:** Charged Off
- **Term:** 20 months
## Use of funds
- **Payroll:** $324K
- **Utilities:** $108K
- **Jobs reported:** 56
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*