# PPP loan: GOOCH ELECTRIC INCORPORATED
> **$236K** approved 02/11/2021 · Paid in Full · Loan `7398978403`
## Borrower
- **Name:** GOOCH ELECTRIC INCORPORATED
- **Address:** 110 Woodland Cv, Waynesburg, KY, 40489-9100
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 01/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $236K
- **Jobs reported:** 14
## Lender
- **Originating:** First Southern National Bank
- **Servicing:** First Southern National Bank (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*