# PPP loan: UNION ELECTRIC CO. LLC
> **$575K** approved 02/23/2021 · Paid in Full · Loan `3194178508`
## Borrower
- **Name:** UNION ELECTRIC CO. LLC
- **Address:** 6015 Rossville Blvd Ste B, Essex, MD, 21221-3156
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $575K
- **Initial approval:** $575K
- **Forgiven:** $590K (103%)
- **Forgiveness date:** 09/27/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $575K
- **Jobs reported:** 20
## Lender
- **Originating:** Farmers & Merchants Bank
- **Servicing:** Farmers & Merchants Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*