# PPP loan: TAYLOR UTILITIES INC
> **$242K** approved 05/01/2020 · Paid in Full · Loan `5359737708`
## Borrower
- **Name:** TAYLOR UTILITIES INC
- **Address:** 232 W HAMPTON PL, CAPITOL HEIGHTS, MD, 20743-3520
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $242K
- **Initial approval:** $209K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 13
## 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*