# PPP loan: 2M ELECTRICAL CONTRACTORS LLC
> **$194K** approved 04/27/2020 · Paid in Full · Loan `4463067202`
## Borrower
- **Name:** 2M ELECTRICAL CONTRACTORS LLC
- **Address:** 49 US route 202, Far Hills, NJ, 07931
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 10
## Lender
- **Originating:** Peapack-Gladstone Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*