# PPP loan: HANK LOWRY ELECTRIC, INC.
> **$337K** approved 04/28/2020 · Paid in Full · Loan `7648717207`
## Borrower
- **Name:** HANK LOWRY ELECTRIC, INC.
- **Address:** 592 THORPE RD, ORLANDO, FL, 32824-8133
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $337K
- **Initial approval:** $337K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $314K
- **Mortgage interest:** $17K
- **Utilities:** $6K
- **Jobs reported:** 42
## Lender
- **Originating:** Sunrise Bank
- **Servicing:** Sunrise Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*