# PPP loan: UNIVERSAL ELECTRIC OF TALLAHASSEE, INC.
> **$346K** approved 04/06/2020 · Paid in Full · Loan `5649877005`
## Borrower
- **Name:** UNIVERSAL ELECTRIC OF TALLAHASSEE, INC.
- **Address:** 5706 Kilowatt Road, TALLAHASSEE, FL, 32305
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $346K
- **Initial approval:** $346K
- **Forgiven:** $348K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $346K
- **Jobs reported:** 36
## Lender
- **Originating:** Prime Meridian Bank
- **Servicing:** Prime Meridian Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*