# PPP loan: EXPRESS ELECTRIC COMPANY
> **$431K** approved 04/06/2020 · Paid in Full · Loan `5848717006`
## Borrower
- **Name:** EXPRESS ELECTRIC COMPANY
- **Address:** PO BOX, ASHLAND, VA, 23005-5098
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $431K
- **Initial approval:** $431K
- **Forgiven:** $437K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $431K
- **Jobs reported:** 63
## Lender
- **Originating:** Village Bank
- **Servicing:** Village Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*