# PPP loan: WEC INC.
> **$2.00M** approved 02/03/2021 · Paid in Full · Loan `2691668400`
## Borrower
- **Name:** WEC INC.
- **Address:** 1204 Chestnut Ave, Minneapolis, MN, 55403-1230
- **NAICS:** 551112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 12/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 155
## Lender
- **Originating:** Choice Financial Group
- **Servicing:** Choice Financial Group (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*