# PPP loan: CHARAN ELECTRICAL ENTERPRISES, INC
> **$1.18M** approved 04/05/2020 · Paid in Full · Loan `5357057004`
## Borrower
- **Name:** CHARAN ELECTRICAL ENTERPRISES, INC
- **Address:** 911 40TH AVE, LONG ISLAND CITY, NY, 11101-6104
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.18M
- **Initial approval:** $1.50M
- **Forgiven:** $1.19M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.18M
- **Jobs reported:** 46
## Lender
- **Originating:** BankUnited, National Association
- **Servicing:** BankUnited, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*