# PPP loan: CRANA ELECTRIC INC.
> **$925K** approved 05/07/2021 · Paid in Full · Loan `7436768902`
## Borrower
- **Name:** CRANA ELECTRIC INC.
- **Address:** 230 S 5th Ave, Mount Vernon, NY, 10550-3807
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $925K
- **Initial approval:** $925K
- **Forgiven:** $938K (101%)
- **Forgiveness date:** 10/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $925K
- **Jobs reported:** 42
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*