# PPP loan: TANG ELECTRIC, INC.
> **$219K** approved 05/01/2020 · Exemption 4 · Loan `8099147301`
## Borrower
- **Name:** TANG ELECTRIC, INC.
- **Address:** 1770 ROCHESTER ST, CROFTON, MD, 21114-2612
- **NAICS:** 221122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $369K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $219K
- **Jobs reported:** 9
## 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*