# PPP loan: CURRENT TECHNOLOGIES ELECTRIC LLC
> **$240K** approved 05/11/2021 · Paid in Full · Loan `8439088910`
## Borrower
- **Name:** CURRENT TECHNOLOGIES ELECTRIC LLC
- **Address:** 1900 Sturbridge Ct, Raleigh, NC, 27612-4929
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 08/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Jobs reported:** 21
## Lender
- **Originating:** Farmers and Merchants Bank
- **Servicing:** Farmers and Merchants Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*