# PPP loan: EDGEWOOD ELECTRIC, INC.
> **$549K** approved 04/03/2020 · Paid in Full · Loan `4531857010`
## Borrower
- **Name:** EDGEWOOD ELECTRIC, INC.
- **Address:** 939 DUDLEY PIKE, EDGEWOOD, KY, 41017-8120
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $549K
- **Initial approval:** $549K
- **Forgiven:** $552K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $439K
- **Rent:** $55K
- **Utilities:** $55K
- **Jobs reported:** 65
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*