# PPP loan: US ELECTRIC, CO INC
> **$632K** approved 04/15/2020 · Paid in Full · Loan `9906467109`
## Borrower
- **Name:** US ELECTRIC, CO INC
- **Address:** 6914 Staples Mill Rd, Henrico, VA, 23228
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $632K
- **Initial approval:** $657K
- **Forgiven:** $637K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $632K
- **Jobs reported:** 72
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*