# PPP loan: TREMONT ELECTRIC SUPPLY
> **$226K** approved 04/27/2020 · Paid in Full · Loan `5022247207`
## Borrower
- **Name:** TREMONT ELECTRIC SUPPLY
- **Address:** 37 RAMLAND ROAD, ORANGEBURG, NY, 10962
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $226K
- **Jobs reported:** 16
## Lender
- **Originating:** Columbia Bank
- **Servicing:** Columbia Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*