# PPP loan: TRI-STATE ELECTRIC AND MACHINE COMPANY
> **$229K** approved 01/25/2021 · Paid in Full · Loan `5677008300`
## Borrower
- **Name:** TRI-STATE ELECTRIC AND MACHINE COMPANY
- **Address:** 1702 Wheeling Ave, Glen Dale, WV, 26038-1735
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 06/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $229K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Belmont Savings Bank
- **Servicing:** Belmont Savings Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*