# PPP loan: THE ELECTRIC HEATER COMPANY
> **$1.81M** approved 01/26/2021 · Paid in Full · Loan `6161288307`
## Borrower
- **Name:** THE ELECTRIC HEATER COMPANY
- **Address:** 45 Seymour St, Stratford, CT, 06615-6170
- **NAICS:** 333318
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.81M
- **Initial approval:** $1.81M
- **Forgiven:** $1.82M (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.81M
- **Utilities:** $1
- **Jobs reported:** 154
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*