# PPP loan: WARREN ELECTRIC INC.
> **$311K** approved 01/20/2021 · Paid in Full · Loan `2183098301`
## Borrower
- **Name:** WARREN ELECTRIC INC.
- **Address:** 327 E Caldwell St, Louisville, KY, 40203-2310
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $314K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $311K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Stock Yards Bank & Trust Company
- **Servicing:** Stock Yards Bank & Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*