# PPP loan: ELECTRICAL CONSTRUCTION DESIGN INC.
> **$406K** approved 04/30/2020 · Paid in Full · Loan `5026557301`
## Borrower
- **Name:** ELECTRICAL CONSTRUCTION DESIGN INC.
- **Address:** 580 UNION WEST BLVD STE A, MATTHEWS, NC, 28104-8825
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $406K
- **Initial approval:** $406K
- **Forgiven:** $408K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $406K
- **Jobs reported:** 36
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*