# PPP loan: HATTERAS ELECTRICAL MANUFACTURING
> **$5.67M** approved 05/01/2020 · Paid in Full · Loan `7632397703`
## Borrower
- **Name:** HATTERAS ELECTRICAL MANUFACTURING
- **Address:** 28 West 44th Street, New York, NY, 10036
- **NAICS:** 525910
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $5.67M
- **Initial approval:** $5.67M
- **Forgiven:** $5.74M (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.67M
- **Jobs reported:** 460
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*