# PPP loan: N.J. SHAUM & SON, INC. ELECTRICAL CONTRACTORS
> **$470K** approved 04/07/2020 · Paid in Full · Loan `6903727007`
## Borrower
- **Name:** N.J. SHAUM & SON, INC. ELECTRICAL CONTRACTORS
- **Address:** 300 S. BABBITT DR Suite 1, FLAGSTAFF, AZ, 86001-8900
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $470K
- **Initial approval:** $470K
- **Forgiven:** $473K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Rent:** $16K
- **Utilities:** $3K
- **Jobs reported:** 37
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*