# PPP loan: BJ'S ELECTRIC INC.
> **$253K** approved 04/08/2020 · Paid in Full · Loan `7796787001`
## Borrower
- **Name:** BJ'S ELECTRIC INC.
- **Address:** 16460 STATE ROUTE 180, LAURELVILLE, OH, 43135-9512
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $202K
- **Utilities:** $51K
- **Jobs reported:** 22
## Lender
- **Originating:** The Vinton County National Bank
- **Servicing:** The Vinton County National Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*