# PPP loan: SNYDER ELECTRIC INC
> **$199K** approved 05/19/2020 · Paid in Full · Loan `9216727401`
## Borrower
- **Name:** SNYDER ELECTRIC INC
- **Address:** 10555 GUILFORD RD, JESSUP, MD, 20794-9100
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Jobs reported:** 30
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*