# PPP loan: E-1 ELECTRIC LLC
> **$150K** approved 04/28/2020 · Paid in Full · Loan `9659377206`
## Borrower
- **Name:** E-1 ELECTRIC LLC
- **Address:** 1440 N. Dorgenois St, NEW ORLEANS, LA, 70119
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $113K
- **Utilities:** $38K
- **Jobs reported:** 12
## Lender
- **Originating:** Gulf Coast Bank and Trust Company
- **Servicing:** Gulf Coast Bank and Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*