# PPP loan: NATIONWIDE ELECTRICAL SERVICES, INC
> **$1.04M** approved 04/28/2020 · Paid in Full · Loan `8899547203`
## Borrower
- **Name:** NATIONWIDE ELECTRICAL SERVICES, INC
- **Address:** 2625 Evarts Street Northeast Unit B, Washington, DC, 20018
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $943K
- **Rent:** $28K
- **Utilities:** $5K
- **Health care:** $52K
- **Debt interest:** $8K
- **Jobs reported:** 45
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*