# PPP loan: B & B ELECTRICAL & UTILITY CONTRACTORS
> **$5.23M** approved 04/07/2020 · Paid in Full · Loan `7549477005`
## Borrower
- **Name:** B & B ELECTRICAL & UTILITY CONTRACTORS
- **Address:** 530 SOLDIER COLONY RD, CANTON, MS, 39046-9727
- **NAICS:** 237130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.23M
- **Initial approval:** $5.23M
- **Forgiven:** $5.29M (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.84M
- **Rent:** $115K
- **Utilities:** $9K
- **Health care:** $138K
- **Debt interest:** $132K
- **Jobs reported:** 295
## Lender
- **Originating:** BankPlus
- **Servicing:** BankPlus (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*