# PPP loan: H & M ELECTRIC & CONSTRUCTION, INC.
> **$1.44M** approved 04/03/2020 · Paid in Full · Loan `4451847007`
## Borrower
- **Name:** H & M ELECTRIC & CONSTRUCTION, INC.
- **Address:** 815 S Highland Ave, COVINGTON, VA, 24426-2016
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.44M
- **Initial approval:** $1.44M
- **Forgiven:** $1.45M (101%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.43M
- **Utilities:** $4K
- **Jobs reported:** 114
## Lender
- **Originating:** Highlands Community Bank
- **Servicing:** Highlands Community Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*