# PPP loan: CRM ELECTRIC, INC.
> **$174K** approved 04/14/2020 · Paid in Full · Loan `5855747100`
## Borrower
- **Name:** CRM ELECTRIC, INC.
- **Address:** 12107 Lacey Drive, NEW PORT RICHEY, FL, 34654-4729
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $174K
- **Initial approval:** $81K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $174K
- **Jobs reported:** 18
## Lender
- **Originating:** Pilot Bank
- **Servicing:** Lake Michigan CU (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*