# PPP loan: WERNER ELECTRIC VENTURES LLC
> **$5.87M** approved 04/11/2020 · Paid in Full · Loan `2661627108`
## Borrower
- **Name:** WERNER ELECTRIC VENTURES LLC
- **Address:** 7450 95TH ST, COTTAGE GROVE, MN, 55016-3949
- **NAICS:** 423610
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.87M
- **Initial approval:** $5.87M
- **Forgiven:** $5.93M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.87M
- **Jobs reported:** 342
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*