# PPP loan: VOLLAND ELECTRIC EQUIPMENT CORP
> **$878K** approved 04/15/2020 · Paid in Full · Loan `9955367110`
## Borrower
- **Name:** VOLLAND ELECTRIC EQUIPMENT CORP
- **Address:** 75 INNSBRUCK DR, BUFFALO, NY, 14227-2703
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $878K
- **Initial approval:** $878K
- **Forgiven:** $885K (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $878K
- **Jobs reported:** 65
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*