# PPP loan: STROUPE ELECTRIC, INCORPORATED
> **$299K** approved 04/15/2020 · Paid in Full · Loan `9944737108`
## Borrower
- **Name:** STROUPE ELECTRIC, INCORPORATED
- **Address:** 138 CENTRAL AVE, MOUNT HOLLY, NC, 28120
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $301K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $299K
- **Jobs reported:** 25
## Lender
- **Originating:** SouthState Bank, National Association
- **Servicing:** SouthState Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*