# PPP loan: THE ENERGY COMPANY INC.
> **$406K** approved 01/31/2021 · Paid in Full · Loan `9774868300`
## Borrower
- **Name:** THE ENERGY COMPANY INC.
- **Address:** 50 Cutler Ave Ste 6, Westville, NJ, 08093-1577
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $406K
- **Initial approval:** $406K
- **Forgiven:** $410K (101%)
- **Forgiveness date:** 03/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $406K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*