# PPP loan: HEDLUND ELECTRIC INC.
> **$782K** approved 01/20/2021 · Paid in Full · Loan `2394688301`
## Borrower
- **Name:** HEDLUND ELECTRIC INC.
- **Address:** 1201 S Main St, McPherson, KS, 67460-5739
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $782K
- **Initial approval:** $782K
- **Forgiven:** $787K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $782K
- **Jobs reported:** 72
## Lender
- **Originating:** The Citizens State Bank
- **Servicing:** The Citizens State Bank (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*