# PPP loan: YALE ELECTRIC EAST, LLC
> **$1.01M** approved 04/09/2020 · Paid in Full · Loan `8910037009`
## Borrower
- **Name:** YALE ELECTRIC EAST, LLC
- **Address:** 55 SHAWMUT RD, CANTON, MA, 02021-1408
- **NAICS:** 423610
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.06M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.01M
- **Jobs reported:** 71
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*