# PPP loan: LONG ELECTRIC LLC
> **$1.12M** approved 04/13/2020 · Paid in Full · Loan `4566727104`
## Borrower
- **Name:** LONG ELECTRIC LLC
- **Address:** 3301 S. Caraway Road, JONESBORO, AR, 72404-0632
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $843K
- **Utilities:** $281K
- **Jobs reported:** 90
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*