# PPP loan: ETHRIDGE ELECTRIC COMPANY LLC
> **$196K** approved 02/11/2021 · Paid in Full · Loan `6944258403`
## Borrower
- **Name:** ETHRIDGE ELECTRIC COMPANY LLC
- **Address:** 1437 Owls Den Rd, Lincolnton, NC, 28092-6842
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 19
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*