# PPP loan: PENN-OHIO ELECTRICAL COMPANY
> **$1.59M** approved 02/13/2021 · Paid in Full · Loan `8285838405`
## Borrower
- **Name:** PENN-OHIO ELECTRICAL COMPANY
- **Address:** 1370 Sharon Hogue Rd, Masury, OH, 44438-8710
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 08/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.59M
- **Jobs reported:** 75
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*