# PPP loan: BRIDGE ELECTRIC, NJ LLC
> **$176K** approved 04/30/2020 · Paid in Full · Loan `7080017303`
## Borrower
- **Name:** BRIDGE ELECTRIC, NJ LLC
- **Address:** 10 Mechanic Street, Suite 100, RED BANK, NJ, 07701-1858
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 10/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 11
## Lender
- **Originating:** LendingClub Bank, National Association
- **Servicing:** LendingClub Bank, National Association (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*