# PPP loan: JUSTAN ELECTRICAL CONTRACTING INC
> **$537K** approved 02/09/2021 · Paid in Full · Loan `5935408404`
## Borrower
- **Name:** JUSTAN ELECTRICAL CONTRACTING INC
- **Address:** 1225 Madison Ave 1225 Madison Ave, Paterson, NJ, 07503-7601
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $537K
- **Initial approval:** $537K
- **Forgiven:** $541K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $537K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*