# PPP loan: SANDY SPRINGS ELECTRIC INC.
> **$274K** approved 02/08/2021 · Paid in Full · Loan `5429568403`
## Borrower
- **Name:** SANDY SPRINGS ELECTRIC INC.
- **Address:** 8244 South Carolina 308, LAURENS, SC, 29360
- **NAICS:** 811118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 07/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Itria Ventures LLC
- **Servicing:** Itria Ventures LLC (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*