# PPP loan: SYNERGY ELECTRICAL SALES, INC
> **$707K** approved 04/07/2020 · Paid in Full · Loan `7144237005`
## Borrower
- **Name:** SYNERGY ELECTRICAL SALES, INC
- **Address:** 95 CANAL RD, FAIRLESS HILLS, PA, 19030-4301
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $707K
- **Initial approval:** $707K
- **Forgiven:** $711K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $707K
- **Jobs reported:** 43
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*