# PPP loan: MIDDLETON ELECTRIC INC.
> **$1.14M** approved 01/20/2021 · Paid in Full · Loan `2453568301`
## Borrower
- **Name:** MIDDLETON ELECTRIC INC.
- **Address:** 2716 W Old Highway 30, Grand Island, NE, 68803-5273
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.14M
- **Utilities:** $1
- **Jobs reported:** 91
## Lender
- **Originating:** Five Points Bank
- **Servicing:** Five Points Bank (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*