# PPP loan: C.G. ELECTRIC INC.
> **$366K** approved 02/07/2021 · Paid in Full · Loan `4866818410`
## Borrower
- **Name:** C.G. ELECTRIC INC.
- **Address:** 16 Box Car Blvd, Tewksbury, MA, 01876-1400
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $366K
- **Initial approval:** $366K
- **Forgiven:** $368K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $366K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*