# PPP loan: PRO 1 ELECTRIC INC
> **$277K** approved 04/04/2020 · Paid in Full · Loan `4851527004`
## Borrower
- **Name:** PRO 1 ELECTRIC INC
- **Address:** 205 HICKORY ST, PARKERSBURG, WV, 26101-6339
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $277K
- **Jobs reported:** 23
## Lender
- **Originating:** Community Bank of Parkersburg
- **Servicing:** Community Bank of Parkersburg (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*