# PPP loan: ELECTRICAL BUILDERS, INC.
> **$1.58M** approved 04/09/2020 · Paid in Full · Loan `1085437106`
## Borrower
- **Name:** ELECTRICAL BUILDERS, INC.
- **Address:** 2720 1 1/2 Street S, SAINT CLOUD, MN, 56301-3805
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.58M
- **Initial approval:** $1.58M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.58M
- **Jobs reported:** 65
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*