# PPP loan: FALCON ELECTRIC INC
> **$590K** approved 04/14/2020 · Paid in Full · Loan `6669097107`
## Borrower
- **Name:** FALCON ELECTRIC INC
- **Address:** 440 Roberts Rd Suite 5, OLDSMAR, FL, 34677
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $590K
- **Initial approval:** $590K
- **Forgiven:** $595K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Utilities:** $590K
- **Jobs reported:** 43
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*