# PPP loan: ELECTRIC CONTRACTORS INC
> **$415K** approved 04/07/2020 · Paid in Full · Loan `7083067008`
## Borrower
- **Name:** ELECTRIC CONTRACTORS INC
- **Address:** 6945 Broadway, DENVER, CO, 80221-2841
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $415K
- **Initial approval:** $415K
- **Forgiven:** $418K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $311K
- **Rent:** $104K
- **Jobs reported:** 56
## Lender
- **Originating:** Points West Community Bank
- **Servicing:** Points West Community Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*