# PPP loan: J & J ELECTRICAL CONTRACTORS, LLC
> **$245K** approved 04/03/2020 · Paid in Full · Loan `4508257009`
## Borrower
- **Name:** J & J ELECTRICAL CONTRACTORS, LLC
- **Address:** 5 Minnesota Avenue Unit 6, WARWICK, RI, 02888-6010
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 15
## Lender
- **Originating:** Centreville Bank
- **Servicing:** Centreville Bank (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*