# PPP loan: COGEN ELECTRICAL SERVICES INC
> **$1.45M** approved 04/27/2020 · Exemption 4 · Loan `4851277208`
## Borrower
- **Name:** COGEN ELECTRICAL SERVICES INC
- **Address:** 175 CITY ISLAND AVE, BRONX, NY, 10464
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.02M (70%)
- **Forgiveness date:** 03/01/2022
- **Status:** Exemption 4
- **Term:** 4 months
## Use of funds
- **Payroll:** $1.45M
- **Jobs reported:** 90
## 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*