# PPP loan: SANIBEL ELECTRICAL CORPORATION
> **$213K** approved 02/09/2021 · Paid in Full · Loan `5839768407`
## Borrower
- **Name:** SANIBEL ELECTRICAL CORPORATION
- **Address:** 11 Eames St, Wilmington, MA, 01887-3313
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $214K (100%)
- **Forgiveness date:** 08/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $213K
- **Jobs reported:** 20
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*