# PPP loan: LONG ELECTRIC LLC
> **$798K** approved 01/28/2021 · Paid in Full · Loan `7497758304`
## Borrower
- **Name:** LONG ELECTRIC LLC
- **Address:** 924 Congress Cir, Jonesboro, AR, 72401-2546
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $798K
- **Initial approval:** $798K
- **Forgiven:** $806K (101%)
- **Forgiveness date:** 02/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $798K
- **Utilities:** $1
- **Jobs reported:** 74
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*