# PPP loan: MCEARL ELECTRIC INC.
> **$221K** approved 04/28/2020 · Paid in Full · Loan `8733847210`
## Borrower
- **Name:** MCEARL ELECTRIC INC.
- **Address:** 245 RECORD DR, HENDERSON, TN, 38340-3662
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 04/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Jobs reported:** 29
## Lender
- **Originating:** Commercial Bank and Trust Company
- **Servicing:** Commercial Bank and Trust Company (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*