# PPP loan: LAURA ELECTRICAL
> **$636K** approved 02/14/2021 · Paid in Full · Loan `8881748409`
## Borrower
- **Name:** LAURA ELECTRICAL
- **Address:** 11919 15th Ave, College Point, NY, 11356-1628
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $636K
- **Initial approval:** $636K
- **Forgiven:** $646K (102%)
- **Forgiveness date:** 10/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $636K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** Spencer Savings Bank, SLA
- **Servicing:** Spencer Savings Bank, SLA (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*