# PPP loan: JOHNSON ELECTRICAL CONSTRUCTION CORP
> **$341K** approved 01/28/2021 · Paid in Full · Loan `7889238300`
## Borrower
- **Name:** JOHNSON ELECTRICAL CONSTRUCTION CORP
- **Address:** 263 Calebs Path, Hauppauge, NY, 11788-4756
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $343K (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $341K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*