# PPP loan: BERT'S ELECTRIC SUPPLY CO. INC.
> **$303K** approved 03/26/2021 · Paid in Full · Loan `9862058609`
## Borrower
- **Name:** BERT'S ELECTRIC SUPPLY CO. INC.
- **Address:** 61 Hancock St, Quincy, MA, 02171-1722
- **NAICS:** 423440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 06/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $303K
- **Jobs reported:** 22
## Lender
- **Originating:** SVB, A Division of First-Citizens Bank and Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*