# PPP loan: PREMIER ELECTRICAL SERVICES CO
> **$281K** approved 01/20/2021 · Paid in Full · Loan `2282008302`
## Borrower
- **Name:** PREMIER ELECTRICAL SERVICES CO
- **Address:** 106 Emmons St, Hiawatha, IA, 52233-1611
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $283K (101%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $281K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Farmers State Bank
- **Servicing:** Farmers State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*