# PPP loan: B&B ELECTRICAL CONTRACTORS, INC.
> **$246K** approved 04/08/2020 · Paid in Full · Loan `8524597004`
## Borrower
- **Name:** B&B ELECTRICAL CONTRACTORS, INC.
- **Address:** 613 N SAINT GEORGE ST, ALLENTOWN, PA, 18104-4169
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Jobs reported:** 18
## Lender
- **Originating:** New Tripoli Bank
- **Servicing:** New Tripoli Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*