# PPP loan: THE M & A ELECTRIC COMPANY, INC.
> **$303K** approved 04/08/2020 · Paid in Full · Loan `8041277008`
## Borrower
- **Name:** THE M & A ELECTRIC COMPANY, INC.
- **Address:** 440 39TH ST N, BIRMINGHAM, AL, 35222-1341
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $303K
- **Jobs reported:** 29
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*