# PPP loan: VETERANS ELECTRIC, LLC
> **$238K** approved 04/16/2020 · Paid in Full · Loan `3071507210`
## Borrower
- **Name:** VETERANS ELECTRIC, LLC
- **Address:** 385 Kennedy Ct E, COLGATE, WI, 53017
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Rent:** $10K
- **Utilities:** $1K
- **Jobs reported:** 21
## Lender
- **Originating:** Tri City National Bank
- **Servicing:** Tri City National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*