# PPP loan: EAST COAST ELECTRICAL CONTRACTORS, INC.
> **$462K** approved 04/30/2020 · Paid in Full · Loan `6366277301`
## Borrower
- **Name:** EAST COAST ELECTRICAL CONTRACTORS, INC.
- **Address:** 4 LAN DR, WESTFORD, MA, 01886-3575
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $462K
- **Initial approval:** $462K
- **Forgiven:** $465K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Utilities:** $60K
- **Health care:** $56K
- **Jobs reported:** 40
## Lender
- **Originating:** Middlesex Savings Bank
- **Servicing:** Middlesex Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*