# PPP loan: GRAYCO ELECTRICAL INC.
> **$311K** approved 04/09/2020 · Paid in Full · Loan `9963377004`
## Borrower
- **Name:** GRAYCO ELECTRICAL INC.
- **Address:** 2678 BRICKTON NORTH DRIVE, BUFORD, GA, 30518-3568
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $312K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $311K
- **Jobs reported:** 18
## Lender
- **Originating:** Legacy State Bank
- **Servicing:** Legacy State Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*