# PPP loan: CURRENT ELECTRICAL SYSTEMS INC
> **$297K** approved 04/06/2020 · Paid in Full · Loan `5701967006`
## Borrower
- **Name:** CURRENT ELECTRICAL SYSTEMS INC
- **Address:** 4011 Amsterdam Rd, Glenville, NY, 12302
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $297K
- **Jobs reported:** 26
## Lender
- **Originating:** Ballston Spa National Bank
- **Servicing:** Ballston Spa National Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*