# PPP loan: LABELLE ELECTRICAL CONTRACTORS, LLC
> **$1.30M** approved 04/14/2020 · Paid in Full · Loan `7821077101`
## Borrower
- **Name:** LABELLE ELECTRICAL CONTRACTORS, LLC
- **Address:** 241CHURCH ST, MOUNT CLEMENS, MI, 48043-2184
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.30M
- **Jobs reported:** 59
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*