# PPP loan: CULVER ELECTRIC, LLC
> **$511K** approved 01/16/2021 · Paid in Full · Loan `1058458309`
## Borrower
- **Name:** CULVER ELECTRIC, LLC
- **Address:** 1823 W 20th St, Elk City, OK, 73644
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $511K
- **Initial approval:** $511K
- **Forgiven:** $514K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $511K
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** Great Plains National Bank
- **Servicing:** Great Plains National Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*