# PPP loan: FRANK ELECTRIC SERVICES, INC.
> **$224K** approved 05/01/2020 · Paid in Full · Loan `9268647708`
## Borrower
- **Name:** FRANK ELECTRIC SERVICES, INC.
- **Address:** 1005 Ave Hostos, PONCE, PR, 00716
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 20
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*