# PPP loan: TOTAL ELECTRIC COMPANY INC
> **$228K** approved 02/03/2021 · Paid in Full · Loan `2113218403`
## Borrower
- **Name:** TOTAL ELECTRIC COMPANY INC
- **Address:** 605 Potosi St, Farmington, MO, 63640-3220
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $229K (100%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $228K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Belgrade State Bank
- **Servicing:** Belgrade State Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*