# PPP loan: GROSS ELECTRIC INC
> **$682K** approved 04/11/2021 · Paid in Full · Loan `1968238802`
## Borrower
- **Name:** GROSS ELECTRIC INC
- **Address:** 2807 N Reynolds Rd, Toledo, OH, 43615-2033
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $682K
- **Initial approval:** $682K
- **Forgiven:** $685K (100%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $682K
- **Utilities:** $1
- **Jobs reported:** 63
## Lender
- **Originating:** Premier Bank
- **Servicing:** Premier Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*