# PPP loan: ABRUZZI ELECTRICAL SERVICES INC.
> **$256K** approved 01/25/2021 · Paid in Full · Loan `5608418301`
## Borrower
- **Name:** ABRUZZI ELECTRICAL SERVICES INC.
- **Address:** 453 Riverview Dr, Totowa, NJ, 07512-2322
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $260K (102%)
- **Forgiveness date:** 08/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $256K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*