# PPP loan: STANSELL ELECTRIC COMPANY, INC.
> **$2.86M** approved 04/13/2020 · Paid in Full · Loan `5382357100`
## Borrower
- **Name:** STANSELL ELECTRIC COMPANY, INC.
- **Address:** 860 Visco Drive, NASHVILLE, TN, 37210-2150
- **NAICS:** 335122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.86M
- **Initial approval:** $2.86M
- **Forgiven:** $2.90M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.86M
- **Jobs reported:** 255
## Lender
- **Originating:** First Farmers and Merchants Bank
- **Servicing:** First Farmers and Merchants Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*