# PPP loan: CAREY ELECTRIC, INC.
> **$1.01M** approved 04/13/2020 · Paid in Full · Loan `4898827106`
## Borrower
- **Name:** CAREY ELECTRIC, INC.
- **Address:** 225 Winter Street, TROY, NY, 12198
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.06M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.01M
- **Jobs reported:** 51
## Lender
- **Originating:** Berkshire Bank
- **Servicing:** Berkshire Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*