# PPP loan: MCMICHEN ELECTRIC COMPANY INC.
> **$260K** approved 05/18/2020 · Paid in Full · Loan `8301097402`
## Borrower
- **Name:** MCMICHEN ELECTRIC COMPANY INC.
- **Address:** 2394 OLD RIDGEWAY RD, BREMEN, GA, 30110
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Jobs reported:** 20
## Lender
- **Originating:** American Commerce Bank, National Association
- **Servicing:** American Commerce Bank, National Association (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*