# PPP loan: PERFORMANCE ELECTRICAL CONTRACTORS, INC.
> **$2.50M** approved 04/14/2020 · Paid in Full · Loan `5961347102`
## Borrower
- **Name:** PERFORMANCE ELECTRICAL CONTRACTORS, INC.
- **Address:** 275 CENTRE ST, HOLBROOK, MA, 02343-1079
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.50M
- **Initial approval:** $2.50M
- **Forgiven:** $2.52M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.50M
- **Jobs reported:** 12
## Lender
- **Originating:** South Shore Bank
- **Servicing:** South Shore Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*