# PPP loan: K & M ELECTRICAL CONTRACTING INC.
> **$298K** approved 05/01/2020 · Paid in Full · Loan `5113047702`
## Borrower
- **Name:** K & M ELECTRICAL CONTRACTING INC.
- **Address:** 132 W 31ST ST BSMT B, NEW YORK, NY, 10001-3413
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $301K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $298K
- **Jobs reported:** 9
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*