# PPP loan: J. M. ELECTRICAL CORP.
> **$532K** approved 01/23/2021 · Paid in Full · Loan `4637258306`
## Borrower
- **Name:** J. M. ELECTRICAL CORP.
- **Address:** 3328 Bainbridge Ave # 2, Bronx, NY, 10467-2851
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $532K
- **Initial approval:** $532K
- **Forgiven:** $537K (101%)
- **Forgiveness date:** 01/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $532K
- **Jobs reported:** 18
## Lender
- **Originating:** Orange Bank & Trust Company
- **Servicing:** Orange Bank & Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*