# PPP loan: TARGET ELECTRIC, INC.
> **$308K** approved 04/28/2020 · Paid in Full · Loan `7706797208`
## Borrower
- **Name:** TARGET ELECTRIC, INC.
- **Address:** 5931 Bartholow Road, Sykesville, MD, 21784
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $309K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $308K
- **Jobs reported:** 23
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*