# PPP loan: LILLIS ELECTRIC INC.
> **$179K** approved 01/20/2021 · Paid in Full · Loan `1960048309`
## Borrower
- **Name:** LILLIS ELECTRIC INC.
- **Address:** 110 12th Ave NE, Mandan, ND, 58554-3748
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $179K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Starion Bank
- **Servicing:** Starion Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*