# PPP loan: B+B ELECTRIC CO., INC.
> **$805K** approved 04/27/2020 · Paid in Full · Loan `5032847203`
## Borrower
- **Name:** B+B ELECTRIC CO., INC.
- **Address:** 1460 SUNSHINE LN, LEXINGTON, KY, 40505-2910
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $805K
- **Initial approval:** $805K
- **Forgiven:** $814K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $748K
- **Rent:** $40K
- **Utilities:** $18K
- **Jobs reported:** 25
## Lender
- **Originating:** Central Kentucky Agricultural Credit Association
- **Servicing:** Central Kentucky Agricultural Credit Association (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*