# PPP loan: DOUGHERTY ELECTRIC, INC.
> **$3.22M** approved 04/14/2020 · Paid in Full · Loan `5983147102`
## Borrower
- **Name:** DOUGHERTY ELECTRIC, INC.
- **Address:** 45 W PORTER ST, PHILADELPHIA, PA, 19148-4130
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.22M
- **Initial approval:** $3.22M
- **Forgiven:** $3.26M (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.22M
- **Jobs reported:** 121
## Lender
- **Originating:** Firstrust Savings Bank
- **Servicing:** Firstrust Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*