# PPP loan: TIER ELECTRIC OF CENTRAL FLORIDA, INC
> **$485K** approved 04/07/2020 · Paid in Full · Loan `6797707007`
## Borrower
- **Name:** TIER ELECTRIC OF CENTRAL FLORIDA, INC
- **Address:** 4172 CORPORATE SQUARE B, NAPLES, FL, 34104-4753
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $485K
- **Initial approval:** $485K
- **Forgiven:** $490K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $485K
- **Jobs reported:** 48
## Lender
- **Originating:** Centennial Bank
- **Servicing:** Centennial Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*