# PPP loan: SIMON ELECTRIC CONSTRUCTION CO., INC.
> **$261K** approved 01/16/2021 · Paid in Full · Loan `1190698308`
## Borrower
- **Name:** SIMON ELECTRIC CONSTRUCTION CO., INC.
- **Address:** 345 Saint Croix Ave, New Richmond, WI, 54017-2610
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $261K
- **Jobs reported:** 18
## Lender
- **Originating:** Hiawatha National Bank
- **Servicing:** Hiawatha National Bank (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*