# PPP loan: COVIELLO ELECTRIC & GENERAL CONTRACTOR INC
> **$332K** approved 01/27/2021 · Paid in Full · Loan `7043278308`
## Borrower
- **Name:** COVIELLO ELECTRIC & GENERAL CONTRACTOR INC
- **Address:** 55 Concord St, North Reading, MA, 01864-2640
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $332K
- **Initial approval:** $332K
- **Forgiven:** $334K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $332K
- **Jobs reported:** 28
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*