# PPP loan: UNITED ELECTRIC SUPPLY CO INC
> **$5.19M** approved 04/14/2020 · Paid in Full · Loan `7595337108`
## Borrower
- **Name:** UNITED ELECTRIC SUPPLY CO INC
- **Address:** 10 BELLECOR DR, NEW CASTLE, DE, 19720-1763
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $5.19M
- **Initial approval:** $5.19M
- **Forgiven:** $5.25M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.19M
- **Jobs reported:** 346
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*