# PPP loan: SHOCKWAVE ELECTRIC LLC
> **$164K** approved 04/04/2020 · Paid in Full · Loan `4755227008`
## Borrower
- **Name:** SHOCKWAVE ELECTRIC LLC
- **Address:** 206 MASON DR, BOURG, LA, 70343-3622
- **NAICS:** 444210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $125K
- **Rent:** $9K
- **Utilities:** $1K
- **Health care:** $29K
- **Jobs reported:** 14
## Lender
- **Originating:** Synergy Bank
- **Servicing:** Synergy Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*