# PPP loan: SPIELER & RICCA ELECTRICAL CO. INC.
> **$3.11M** approved 04/28/2020 · Paid in Full · Loan `8043947208`
## Borrower
- **Name:** SPIELER & RICCA ELECTRICAL CO. INC.
- **Address:** 5209 VAN DAM ST, LONG ISLAND CITY, NY, 11101-3220
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.11M
- **Initial approval:** $3.11M
- **Forgiven:** $3.15M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.11M
- **Jobs reported:** 99
## Lender
- **Originating:** The First National Bank of Long Island
- **Servicing:** The First National Bank of Long Island (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*