# PPP loan: TOOL TIME ELECTRIC CO., INC.
> **$570K** approved 04/28/2020 · Paid in Full · Loan `7026637202`
## Borrower
- **Name:** TOOL TIME ELECTRIC CO., INC.
- **Address:** 2420 Rlaince Ave Suite 200, APEX, NC, 27539
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $570K
- **Initial approval:** $570K
- **Forgiven:** $573K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $570K
- **Jobs reported:** 53
## Lender
- **Originating:** Dogwood State Bank
- **Servicing:** Dogwood State Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*