# PPP loan: UNISYS ELECTRIC INC
> **$288K** approved 05/13/2020 · Paid in Full · Loan `5825487409`
## Borrower
- **Name:** UNISYS ELECTRIC INC
- **Address:** 19 IRVING PL, STATEN ISLAND, NY, 10304-1825
- **NAICS:** 221122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $288K
- **Jobs reported:** 14
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*