# PPP loan: ELECTRIC SERVICE CORP
> **$748K** approved 04/13/2020 · Paid in Full · Loan `4869917110`
## Borrower
- **Name:** ELECTRIC SERVICE CORP
- **Address:** 411 FIDALGO DIAZ AVE, SAN JUAN, PR, 00912
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $748K
- **Initial approval:** $748K
- **Forgiven:** $756K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $705K
- **Rent:** $35K
- **Utilities:** $8K
- **Jobs reported:** 111
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*