# PPP loan: AA ELECTRIC INC
> **$288K** approved 05/01/2020 · Paid in Full · Loan `4875357703`
## Borrower
- **Name:** AA ELECTRIC INC
- **Address:** 230 W PARKWAY STE 11, POMPTON PLAINS, NJ, 07444
- **NAICS:** 423610
- **Business type:** —
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $288K
- **Jobs reported:** 18
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*