# PPP loan: I3 ELECTRONICS, INC.
> **$5.26M** approved 04/15/2020 · Paid in Full · Loan `8368117106`
## Borrower
- **Name:** I3 ELECTRONICS, INC.
- **Address:** 100 Eldredge St., Binghamton, NY, 13901
- **NAICS:** 334412
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.26M
- **Initial approval:** $5.92M
- **Forgiven:** $5.32M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.31M
- **Rent:** $108K
- **Mortgage interest:** $4K
- **Utilities:** $664K
- **Health care:** $179K
- **Jobs reported:** 409
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*