# PPP loan: IZZO ELECTRIC INC.
> **$251K** approved 02/13/2021 · Paid in Full · Loan `8404408409`
## Borrower
- **Name:** IZZO ELECTRIC INC.
- **Address:** 2522 E Tremont Ave, Bronx, NY, 10461-2825
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $251K
- **Jobs reported:** 29
## Lender
- **Originating:** New York Business Development Corporation
- **Servicing:** New York Business Development Corporation (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*