# PPP loan: A & B ELECTRIC CO. INC.
> **$1.25M** approved 03/26/2021 · Paid in Full · Loan `9423718604`
## Borrower
- **Name:** A & B ELECTRIC CO. INC.
- **Address:** 1020 D St, Meridian, MS, 39301-5441
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.25M
- **Utilities:** $1
- **Jobs reported:** 70
## Lender
- **Originating:** Great Southern Bank
- **Servicing:** Great Southern Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*