# PPP loan: GRAYCO ELECTRICAL INCORPORATED
> **$312K** approved 01/27/2021 · Paid in Full · Loan `6955208307`
## Borrower
- **Name:** GRAYCO ELECTRICAL INCORPORATED
- **Address:** 2678 Brickton North Dr, Buford, GA, 30518-3568
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $314K (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $312K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Legacy State Bank
- **Servicing:** Legacy State Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*