# PPP loan: BEL-AIR ELECTRIC CONSTRUCTION, INC.
> **$1.00M** approved 04/28/2020 · Paid in Full · Loan `9245607203`
## Borrower
- **Name:** BEL-AIR ELECTRIC CONSTRUCTION, INC.
- **Address:** 30 STEWART ST, HEWLETT, NY, 11557
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.02M (102%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Jobs reported:** 41
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*