# PPP loan: MID-CITY ELECTRIC CO
> **$6.88M** approved 04/13/2020 · Paid in Full · Loan `5616017107`
## Borrower
- **Name:** MID-CITY ELECTRIC CO
- **Address:** 937 EASTWIND DR, WESTERVILLE, OH, 43081-3330
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.88M
- **Initial approval:** $6.88M
- **Forgiven:** $6.96M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.88M
- **Jobs reported:** 450
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*