# PPP loan: N & S ELECTRIC, INC.
> **$372K** approved 04/07/2020 · Paid in Full · Loan `6964757009`
## Borrower
- **Name:** N & S ELECTRIC, INC.
- **Address:** 120 ALLEN ST, STRATFORD, CT, 06615-6700
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $372K
- **Initial approval:** $372K
- **Forgiven:** $374K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $297K
- **Rent:** $56K
- **Utilities:** $19K
- **Jobs reported:** 21
## Lender
- **Originating:** Fairfield County Bank
- **Servicing:** Fairfield County Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*