# PPP loan: MINSHEW ELECTRICAL CONTRACTORS INC.
> **$265K** approved 03/12/2021 · Paid in Full · Loan `9505198509`
## Borrower
- **Name:** MINSHEW ELECTRICAL CONTRACTORS INC.
- **Address:** 3050 Lees Ln, Mobile, AL, 36693-5236
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $265K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*