# PPP loan: MURRAY AUTOMOTIVE ELECTRIC INC
> **$354K** approved 04/30/2020 · Paid in Full · Loan `5261557301`
## Borrower
- **Name:** MURRAY AUTOMOTIVE ELECTRIC INC
- **Address:** 7240 State Route 22, Greensburg, PA, 15601-8859
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $354K
- **Initial approval:** $354K
- **Forgiven:** $357K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $354K
- **Jobs reported:** 35
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*