# PPP loan: ERNE VALLEY ELECTRIC INC
> **$354K** approved 05/01/2020 · Paid in Full · Loan `6441297700`
## Borrower
- **Name:** ERNE VALLEY ELECTRIC INC
- **Address:** STE 284 4287 KATONAH AVE, BRONX, NY, 10470-2122
- **NAICS:** 221118
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $354K
- **Initial approval:** $322K
- **Forgiven:** $347K (98%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $354K
- **Jobs reported:** 36
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*