# PPP loan: CHINCHOR ELECTRIC INC
> **$993K** approved 04/13/2020 · Paid in Full · Loan `5079437108`
## Borrower
- **Name:** CHINCHOR ELECTRIC INC
- **Address:** 1460 S LEAVITT AVE, ORANGE CITY, FL, 32763-7117
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $993K
- **Initial approval:** $993K
- **Forgiven:** $999K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $993K
- **Jobs reported:** 110
## Lender
- **Originating:** Mainstreet Community Bank of Florida
- **Servicing:** Mainstreet Community Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*