# PPP loan: ST. ALBANS ELEC APPL CO., INC.
> **$172K** approved 04/04/2020 · Paid in Full · Loan `4745527000`
## Borrower
- **Name:** ST. ALBANS ELEC APPL CO., INC.
- **Address:** 700 Highgate Road, SAINT ALBANS, VT, 05478-8081
- **NAICS:** 453998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 22
## Lender
- **Originating:** Peoples Trust Company of St. Albans
- **Servicing:** Peoples Trust Company of St. Albans (VT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*