# PPP loan: SIGMA ELECTRIC SERVICE INC
> **$646K** approved 06/26/2020 · Paid in Full · Loan `4850698003`
## Borrower
- **Name:** SIGMA ELECTRIC SERVICE INC
- **Address:** 6521 GRAND AVE, MASPETH, NY, 11378-2422
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $646K
- **Initial approval:** $646K
- **Forgiven:** $654K (101%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $646K
- **Jobs reported:** 48
## Lender
- **Originating:** Ridgewood Savings Bank
- **Servicing:** Ridgewood Savings Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*