# PPP loan: MIKE WALSH ELECTRIC INC.
> **$1.25M** approved 04/07/2020 · Paid in Full · Loan `6929157000`
## Borrower
- **Name:** MIKE WALSH ELECTRIC INC.
- **Address:** 927 N. STATE ST, SOUTH ABINGTON TOWNSHIP, PA, 18411-9428
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Jobs reported:** 75
## Lender
- **Originating:** Fidelity Deposit and Discount Bank
- **Servicing:** Fidelity Deposit and Discount Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*