# PPP loan: BORRELL ELECTRIC CO., INC.
> **$2.29M** approved 04/05/2020 · Paid in Full · Loan `5094787008`
## Borrower
- **Name:** BORRELL ELECTRIC CO., INC.
- **Address:** 3601 N. NEBRASKA AVE, TAMPA, FL, 33603-5011
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.29M
- **Initial approval:** $2.29M
- **Forgiven:** $2.32M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.29M
- **Jobs reported:** 210
## Lender
- **Originating:** The Bank of Tampa
- **Servicing:** The Bank of Tampa (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*