# PPP loan: FINESSE ELECTRIC CORP.
> **$362K** approved 03/12/2021 · Paid in Full · Loan `9125248509`
## Borrower
- **Name:** FINESSE ELECTRIC CORP.
- **Address:** 22-24 Jackson Mill Road, Jackson, NJ, 07728
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $362K
- **Initial approval:** $362K
- **Forgiven:** $363K (100%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $362K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** First Commerce Bank
- **Servicing:** First Commerce Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*