# PPP loan: ELECTRO LINES, INC.
> **$214K** approved 04/08/2020 · Paid in Full · Loan `8095387001`
## Borrower
- **Name:** ELECTRO LINES, INC.
- **Address:** 111 Hathaway St, SYRACUSE, NY, 13208-1906
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $216K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Mortgage interest:** $18K
- **Utilities:** $18K
- **Debt interest:** $18K
- **Jobs reported:** 14
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*