# PPP loan: B & D ELECTRIC, INC.
> **$194K** approved 08/07/2020 · Paid in Full · Loan `5046428203`
## Borrower
- **Name:** B & D ELECTRIC, INC.
- **Address:** 7606 NORTHPORT DR, LANSING, MI, 48917-9516
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 23
## Lender
- **Originating:** Capitol National Bank
- **Servicing:** Capitol National Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*