# PPP loan: MJC ELECTRIC LLC
> **$225K** approved 04/30/2020 · Paid in Full · Loan `6324057307`
## Borrower
- **Name:** MJC ELECTRIC LLC
- **Address:** 40975 hannah Drive, Waterford, VA, 20197
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $229K (102%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Jobs reported:** 21
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*