# PPP loan: NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS INC
> **$879K** approved 02/23/2021 · Paid in Full · Loan `3415858505`
## Borrower
- **Name:** NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS INC
- **Address:** 1181 Corporate Lake Dr, Saint Louis, MO, 63132-1716
- **NAICS:** 423610
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $879K
- **Initial approval:** $879K
- **Forgiven:** $889K (101%)
- **Forgiveness date:** 03/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $879K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*