# PPP loan: ANKERS ELECTRIC SERVICE INC
> **$338K** approved 04/27/2020 · Paid in Full · Loan `5875257201`
## Borrower
- **Name:** ANKERS ELECTRIC SERVICE INC
- **Address:** 10 South 5th Street, LOCUST VALLEY, NY, 11560-0378
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $341K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $338K
- **Jobs reported:** 21
## Lender
- **Originating:** The First National Bank of Long Island
- **Servicing:** The First National Bank of Long Island (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*