# PPP loan: UNITED ELECTRIC AND LIGHTING CORP
> **$243K** approved 01/28/2021 · Paid in Full · Loan `7442978303`
## Borrower
- **Name:** UNITED ELECTRIC AND LIGHTING CORP
- **Address:** 20024 Hollis Ave Fl 1, Saint Albans, NY, 11412-1712
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $243K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*