# PPP loan: HANLON ELECTRIC COMPANY
> **$873K** approved 04/06/2020 · Paid in Full · Loan `6158047003`
## Borrower
- **Name:** HANLON ELECTRIC COMPANY
- **Address:** 530 OLD FRANKSTOWN ROAD, MONROEVILLE, PA, 15146-1043
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $873K
- **Initial approval:** $873K
- **Forgiven:** $883K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 23 months
## Use of funds
- **Payroll:** $873K
- **Jobs reported:** 36
## Lender
- **Originating:** Dollar Bank, A Federal Savings Bank
- **Servicing:** Dollar Bank, A Federal Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*