# PPP loan: WACO ELECTRIC COMPANY INC
> **$355K** approved 04/08/2020 · Paid in Full · Loan `8419967006`
## Borrower
- **Name:** WACO ELECTRIC COMPANY INC
- **Address:** 420 Industrial Drive, SANDERSVILLE, GA, 31082-7007
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $355K
- **Initial approval:** $355K
- **Forgiven:** $357K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Jobs reported:** 34
## Lender
- **Originating:** Citizens Bank of the South
- **Servicing:** Citizens Bank of the South (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*