# PPP loan: CENTER LINE ELECTRIC, INC.
> **$6.84M** approved 04/15/2020 · Paid in Full · Loan `8281627103`
## Borrower
- **Name:** CENTER LINE ELECTRIC, INC.
- **Address:** 26554 Lawrence, Center Line, MI, 48015
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.84M
- **Initial approval:** $6.84M
- **Forgiven:** $6.92M (101%)
- **Forgiveness date:** 06/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.84M
- **Jobs reported:** 303
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*