# PPP loan: MARS ELECTRIC, LLC
> **$1.06M** approved 04/03/2020 · Paid in Full · Loan `4530657007`
## Borrower
- **Name:** MARS ELECTRIC, LLC
- **Address:** 21 DIAMOND AVE, BETHEL, CT, 06801-1899
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.06M
- **Jobs reported:** 84
## Lender
- **Originating:** Savings Bank of Danbury
- **Servicing:** Savings Bank of Danbury (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*