# PPP loan: GERMAINE ELECTRIC INC.
> **$210K** approved 02/04/2021 · Paid in Full · Loan `3327488403`
## Borrower
- **Name:** GERMAINE ELECTRIC INC.
- **Address:** 10819 Wood Gate Dr, Dubuque, IA, 52003-8478
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $211K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $210K
- **Jobs reported:** 22
## Lender
- **Originating:** Premier Bank
- **Servicing:** Premier Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*