# PPP loan: M-P ELECTRICAL CONTRACTORS INC.
> **$381K** approved 02/26/2021 · Paid in Full · Loan `4689328501`
## Borrower
- **Name:** M-P ELECTRICAL CONTRACTORS INC.
- **Address:** 51 New Brunswick Ave, Hopelawn, NJ, 08861-2238
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $381K
- **Initial approval:** $381K
- **Forgiven:** $385K (101%)
- **Forgiveness date:** 02/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $381K
- **Jobs reported:** 14
## Lender
- **Originating:** OceanFirst Bank, National Association
- **Servicing:** OceanFirst Bank, National Association (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*