# PPP loan: JJD ELECTRIC LLC
> **$1.12M** approved 04/07/2020 · Paid in Full · Loan `7632057009`
## Borrower
- **Name:** JJD ELECTRIC LLC
- **Address:** 705 Mantua Ave., PAULSBORO, NJ, 08066-1207
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.12M (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Jobs reported:** 64
## Lender
- **Originating:** OceanFirst Bank, National Association
- **Servicing:** OceanFirst Bank, National Association (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*