# PPP loan: CENTRIFUGAL ELECTRIC LLC
> **$542K** approved 02/26/2021 · Paid in Full · Loan `4500878510`
## Borrower
- **Name:** CENTRIFUGAL ELECTRIC LLC
- **Address:** 7 W 36th St, New York, NY, 10018-7911
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $542K
- **Initial approval:** $542K
- **Forgiven:** $546K (101%)
- **Forgiveness date:** 12/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $542K
- **Jobs reported:** 103
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*