# PPP loan: NORTHLAND ELECTRIC INC.
> **$171K** approved 01/20/2021 · Paid in Full · Loan `2379568302`
## Borrower
- **Name:** NORTHLAND ELECTRIC INC.
- **Address:** 101 Industrial Ave, Mohall, ND, 58761-4101
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $171K (100%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $171K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** The Citizens State Bank at Mohall
- **Servicing:** The Citizens State Bank at Mohall (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*