# PPP loan: CR PHILLIPS ELECTRICAL CONTRACTORS, INC.
> **$394K** approved 06/26/2020 · Paid in Full · Loan `4883008002`
## Borrower
- **Name:** CR PHILLIPS ELECTRICAL CONTRACTORS, INC.
- **Address:** 10996 Leadbetter Road, Ashland, VA, 23005-3416
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $397K (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $394K
- **Jobs reported:** 34
## Lender
- **Originating:** Primis Bank
- **Servicing:** Primis Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*