# PPP loan: GREEN ELECTRIC
> **$162K** approved 04/06/2020 · Paid in Full · Loan `5988167009`
## Borrower
- **Name:** GREEN ELECTRIC
- **Address:** 9091 HARD DR, FOLEY, AL, 36535-3767
- **NAICS:** 238210
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $153K
- **Mortgage interest:** $727.46
- **Utilities:** $2K
- **Health care:** $5K
- **Debt interest:** $692
- **Jobs reported:** 22
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*