# PPP loan: THE ELECTRON-MACHINE CORPORATION
> **$254K** approved 04/15/2020 · Paid in Full · Loan `9254127105`
## Borrower
- **Name:** THE ELECTRON-MACHINE CORPORATION
- **Address:** 15824 COUNTY ROAD 450 W, UMATILLA, FL, 32784-8176
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Jobs reported:** 23
## Lender
- **Originating:** The First National Bank of Mount Dora
- **Servicing:** The First National Bank of Mount Dora (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*