# PPP loan: P&M ELECTRICAL CORPORATION
> **$250K** approved 04/09/2020 · Paid in Full · Loan `8902427008`
## Borrower
- **Name:** P&M ELECTRICAL CORPORATION
- **Address:** PO Box 1806, MIDLOTHIAN, VA, 23113
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 27
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*