# PPP loan: DOBBS & COMPANY ELECTRICAL CONTRACTORS INC.
> **$340K** approved 01/29/2021 · Paid in Full · Loan `8283478302`
## Borrower
- **Name:** DOBBS & COMPANY ELECTRICAL CONTRACTORS INC.
- **Address:** 1402 4th Ave SE, Decatur, AL, 35601-4204
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $340K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Bank Independent
- **Servicing:** Bank Independent (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*