# PPP loan: ELROD ELECTRICAL SERVICE, INC.
> **$258K** approved 04/09/2020 · Paid in Full · Loan `9328437010`
## Borrower
- **Name:** ELROD ELECTRICAL SERVICE, INC.
- **Address:** 4237 WAYNE RD, GREENSBORO, NC, 27407-7314
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $258K
- **Jobs reported:** 34
## Lender
- **Originating:** Triad Business Bank
- **Servicing:** Triad Business Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*