# PPP loan: NYCOM ELECTRICAL CORP
> **$295K** approved 02/09/2021 · Paid in Full · Loan `5723608403`
## Borrower
- **Name:** NYCOM ELECTRICAL CORP
- **Address:** 3609 20th Ave, Astoria, NY, 11105-1621
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $295K
- **Initial approval:** $295K
- **Forgiven:** $297K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $295K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*