# PPP loan: 1 ELECTRIC LLC
> **$377K** approved 04/08/2020 · Paid in Full · Loan `7781507006`
## Borrower
- **Name:** 1 ELECTRIC LLC
- **Address:** PO BOX 13657, ATLANTA, GA, 30324-0657
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $377K
- **Initial approval:** $448K
- **Forgiven:** $382K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $377K
- **Jobs reported:** 35
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*