# PPP loan: ALLEN ELECTRIC INC
> **$199K** approved 04/10/2020 · Paid in Full · Loan `2044817100`
## Borrower
- **Name:** ALLEN ELECTRIC INC
- **Address:** 2400 Bowman Ave, Louisville, KY, 40217-1804
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Jobs reported:** 18
## Lender
- **Originating:** South Central Bank, Inc.
- **Servicing:** South Central Bank, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*