# PPP loan: GOEREND TRANSMISSION INC.
> **$214K** approved 05/18/2021 · Paid in Full · Loan `2657259006`
## Borrower
- **Name:** GOEREND TRANSMISSION INC.
- **Address:** 119 N Main St, Saint Lucas, IA, 52166-7702
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $215K (100%)
- **Forgiveness date:** 10/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $214K
- **Jobs reported:** 20
## Lender
- **Originating:** Kerndt Brothers Savings Bank
- **Servicing:** Kerndt Brothers Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*