# PPP loan: GENE LYNN ELECTRIC INC
> **$495K** approved 02/09/2021 · Paid in Full · Loan `5923648409`
## Borrower
- **Name:** GENE LYNN ELECTRIC INC
- **Address:** 125 Palmetto Rd, Tyrone, GA, 30290-2002
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Forgiven:** $498K (101%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $495K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*