# PPP loan: MJ KELLY ELECTRIC, INC.
> **$1.33M** approved 04/07/2020 · Paid in Full · Loan `7196787008`
## Borrower
- **Name:** MJ KELLY ELECTRIC, INC.
- **Address:** 900 LENOLA RD Suite 7K, MOORESTOWN, NJ, 08057-1043
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.33M
- **Initial approval:** $1.33M
- **Forgiven:** $1.34M (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.33M
- **Jobs reported:** 52
## Lender
- **Originating:** Columbia Bank
- **Servicing:** Columbia Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*