# PPP loan: KOENER ELECTRIC INC
> **$413K** approved 04/10/2020 · Paid in Full · Loan `2432737102`
## Borrower
- **Name:** KOENER ELECTRIC INC
- **Address:** 6301 SW Washington, PEORIA, IL, 61607
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $413K
- **Initial approval:** $413K
- **Forgiven:** $417K (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $309K
- **Rent:** $103K
- **Jobs reported:** 25
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*