# PPP loan: ENERGY ELECTRIC CO INC
> **$1.59M** approved 04/13/2020 · Paid in Full · Loan `4976667102`
## Borrower
- **Name:** ENERGY ELECTRIC CO INC
- **Address:** 740 Quaker Highway, UXBRIDGE, MA, 01569-2227
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Rent:** $239K
- **Utilities:** $159K
- **Jobs reported:** 92
## Lender
- **Originating:** Centreville Bank
- **Servicing:** Centreville Bank (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*