# PPP loan: YANKEE ELECTRIC CONSTRUCTION COMPANY, INC.
> **$294K** approved 04/13/2020 · Paid in Full · Loan `5117457105`
## Borrower
- **Name:** YANKEE ELECTRIC CONSTRUCTION COMPANY, INC.
- **Address:** 150 CARTER HENRY DR, FAIRFIELD, CT, 06824-5701
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $294K
- **Initial approval:** $294K
- **Forgiven:** $296K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Rent:** $44K
- **Utilities:** $15K
- **Jobs reported:** 20
## Lender
- **Originating:** Fairfield County Bank
- **Servicing:** Fairfield County Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*