# PPP loan: MYERS ELECTRIC OF EASTERN NM, INC.
> **$224K** approved 04/14/2020 · Paid in Full · Loan `7448317102`
## Borrower
- **Name:** MYERS ELECTRIC OF EASTERN NM, INC.
- **Address:** 5148 PRINCE ST, CLOVIS, NM, 88101-9727
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 25
## Lender
- **Originating:** Western Commerce Bank
- **Servicing:** Western Commerce Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*