# PPP loan: COLBURN ELECTRIC LLC
> **$1.22M** approved 01/19/2021 · Paid in Full · Loan `1773658309`
## Borrower
- **Name:** COLBURN ELECTRIC LLC
- **Address:** 829 W Elgin St, Broken Arrow, OK, 74012-2426
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 04/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.22M
- **Utilities:** $1
- **Jobs reported:** 105
## Lender
- **Originating:** The First National Bank and Trust Company of Broken Arrow
- **Servicing:** The First National Bank and Trust Company of Broken Arrow (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*