# PPP loan: ONE 38 ELECTRIC COMPANY INC
> **$223K** approved 03/02/2021 · Paid in Full · Loan `6084138510`
## Borrower
- **Name:** ONE 38 ELECTRIC COMPANY INC
- **Address:** 160 Walter Way, Fayetteville, GA, 30214-3999
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $223K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Bank of Monticello
- **Servicing:** Bank of Monticello (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*