# PPP loan: JVR ELECTRIC, INC
> **$1.05M** approved 04/13/2020 · Paid in Full · Loan `4787137108`
## Borrower
- **Name:** JVR ELECTRIC, INC
- **Address:** 160 Gary Way, RONKONKOMA, NY, 11779-6509
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $843K
- **Rent:** $211K
- **Jobs reported:** 41
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*