# PPP loan: JM ELECTRIC SUPPLY CO., INC
> **$156K** approved 04/04/2020 · Paid in Full · Loan `4744207007`
## Borrower
- **Name:** JM ELECTRIC SUPPLY CO., INC
- **Address:** 719 S Foster St, DOTHAN, AL, 36301-2641
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $156K
- **Jobs reported:** 14
## Lender
- **Originating:** MidSouth Bank
- **Servicing:** MidSouth Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*