# PPP loan: FUNK ELECTRICAL SERVICES INC.
> **$180K** approved 04/08/2020 · Paid in Full · Loan `7716057006`
## Borrower
- **Name:** FUNK ELECTRICAL SERVICES INC.
- **Address:** 9376 Mapleville Road, BOONSBORO, MD, 21713-1611
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Rent:** $6K
- **Utilities:** $863.38
- **Health care:** $9K
- **Jobs reported:** 17
## Lender
- **Originating:** CNB Bank, Inc.
- **Servicing:** CNB Bank, Inc. (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*