# PPP loan: BLACKMON-FARRELL ELECTRIC, INC.
> **$1.02M** approved 04/14/2020 · Paid in Full · Loan `7108717108`
## Borrower
- **Name:** BLACKMON-FARRELL ELECTRIC, INC.
- **Address:** 57 Halstead Street, Rochester, NY, 14610
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $624K
- **Rent:** $6K
- **Utilities:** $2K
- **Health care:** $383K
- **Jobs reported:** 47
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*