# PPP loan: DIRECT ELECTRIC LLC
> **$320K** approved 02/19/2021 · Paid in Full · Loan `1633658503`
## Borrower
- **Name:** DIRECT ELECTRIC LLC
- **Address:** 3612 Highway 7, Baker, MT, 59313-9208
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $322K (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $320K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** The Bank of Baker
- **Servicing:** The Bank of Baker (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*