# PPP loan: SHIVELY ELECTRICAL CO INC
> **$607K** approved 04/13/2020 · Paid in Full · Loan `5722057101`
## Borrower
- **Name:** SHIVELY ELECTRICAL CO INC
- **Address:** 1023 Kimball Avenue, ROANOKE, VA, 24016-2113
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $607K
- **Initial approval:** $607K
- **Forgiven:** $613K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $578K
- **Rent:** $18K
- **Utilities:** $11K
- **Jobs reported:** 64
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*