# PPP loan: BRC ELECTRICAL CONTRACTORS INC
> **$336K** approved 04/28/2020 · Paid in Full · Loan `8294297208`
## Borrower
- **Name:** BRC ELECTRICAL CONTRACTORS INC
- **Address:** 8 W CHIMNEY ROCK RD, BOUND BROOK, NJ, 08805-1181
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $336K
- **Initial approval:** $336K
- **Forgiven:** $339K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $336K
- **Jobs reported:** 34
## Lender
- **Originating:** Amboy Bank
- **Servicing:** Amboy Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*