# PPP loan: MASOTTI ELECTRIC, LLC
> **$258K** approved 04/07/2020 · Paid in Full · Loan `6607757000`
## Borrower
- **Name:** MASOTTI ELECTRIC, LLC
- **Address:** 120 INDUSTRIAL DR, SOUTHINGTON, CT, 06489-1182
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $258K
- **Jobs reported:** 15
## Lender
- **Originating:** Thomaston Savings Bank
- **Servicing:** Thomaston Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*