# PPP loan: UNIVERSITY ELECTRIC
> **$439K** approved 02/13/2021 · Paid in Full · Loan `8192158403`
## Borrower
- **Name:** UNIVERSITY ELECTRIC
- **Address:** 419 Belmont Ave, Youngstown, OH, 44502-1131
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $439K
- **Initial approval:** $439K
- **Forgiven:** $441K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $438K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Premier Bank
- **Servicing:** Premier Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*