# PPP loan: T.F. ELECTRIC INC.
> **$160K** approved 04/30/2020 · Paid in Full · Loan `6828897305`
## Borrower
- **Name:** T.F. ELECTRIC INC.
- **Address:** 31 Townsend Avenue, New Haven, CT, 06512
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 17
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*