# PPP loan: STATE ELECTRONICS PARTS CORP
> **$194K** approved 01/29/2021 · Paid in Full · Loan `8086858310`
## Borrower
- **Name:** STATE ELECTRONICS PARTS CORP
- **Address:** 36 State Route 10 Ste 6, East Hanover, NJ, 07936-1000
- **NAICS:** 423690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 17
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*