# PPP loan: GEPHART ELECTRIC CO INC
> **$4.23M** approved 04/09/2020 · Paid in Full · Loan `1059397103`
## Borrower
- **Name:** GEPHART ELECTRIC CO INC
- **Address:** 3550 LABORE RD STE 11, SAINT PAUL, MN, 55110-5113
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $4.23M
- **Initial approval:** $4.23M
- **Forgiven:** $4.28M (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.23M
- **Jobs reported:** 208
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*