# PPP loan: T C ELECTRIC INC
> **$334K** approved 05/01/2020 · Paid in Full · Loan `7638837705`
## Borrower
- **Name:** T C ELECTRIC INC
- **Address:** 2817 W 100 S, FRANKLIN, IN, 46131-7128
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $338K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $334K
- **Jobs reported:** 13
## 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*