# PPP loan: MJ KELLY ELECTRIC INC.
> **$1.55M** approved 01/23/2021 · Paid in Full · Loan `4367008300`
## Borrower
- **Name:** MJ KELLY ELECTRIC INC.
- **Address:** 900 N Lenola Rd Ste 7K, Moorestown, NJ, 08057-1043
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.57M (101%)
- **Forgiveness date:** 03/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.55M
- **Utilities:** $1
- **Jobs reported:** 52
## Lender
- **Originating:** Columbia Bank
- **Servicing:** Columbia Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*