# PPP loan: TOTAL ELECTRONICS CONTRACTING, INC.
> **$279K** approved 04/10/2020 · Paid in Full · Loan `1211737104`
## Borrower
- **Name:** TOTAL ELECTRONICS CONTRACTING, INC.
- **Address:** 3026 S Prigmore Ave., JOPLIN, MO, 64804-7906
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $279K
- **Initial approval:** $279K
- **Forgiven:** $281K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $53K
- **Utilities:** $6K
- **Jobs reported:** 26
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*