# PPP loan: GILMORE ELECTRIC INC
> **$586K** approved 04/27/2020 · Paid in Full · Loan `4612907210`
## Borrower
- **Name:** GILMORE ELECTRIC INC
- **Address:** 144 Center St, Landing, NJ, 07821
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $586K
- **Initial approval:** $586K
- **Forgiven:** $592K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $586K
- **Jobs reported:** 17
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*