# PPP loan: BEAUMONT ELECTRIC CO INC
> **$800K** approved 05/18/2020 · Paid in Full · Loan `8272307404`
## Borrower
- **Name:** BEAUMONT ELECTRIC CO INC
- **Address:** 4584 MERCANTILE AVE STE E, NAPLES, FL, 34104-3353
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $800K
- **Initial approval:** $800K
- **Forgiven:** $806K (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Jobs reported:** 169
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*