# PPP loan: SATURN ELECTRIC, INC.
> **$606K** approved 04/09/2020 · Paid in Full · Loan `1027147104`
## Borrower
- **Name:** SATURN ELECTRIC, INC.
- **Address:** 2628 NORDIC RD, DAYTON, OH, 45414-3424
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $606K
- **Initial approval:** $606K
- **Forgiven:** $610K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $455K
- **Utilities:** $152K
- **Jobs reported:** 39
## Lender
- **Originating:** WesBanco Bank, Inc.
- **Servicing:** WesBanco Bank, Inc. (WV)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*