# PPP loan: LUMOS ELECTRIC INC.
> **$316K** approved 01/21/2021 · Paid in Full · Loan `2513458306`
## Borrower
- **Name:** LUMOS ELECTRIC INC.
- **Address:** 705 Valley St, Burlington, IA, 52601-5452
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $318K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $316K
- **Jobs reported:** 26
## Lender
- **Originating:** Two Rivers Bank & Trust
- **Servicing:** Two Rivers Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*