# PPP loan: NORMAN KING ELECTRIC INC
> **$463K** approved 02/05/2021 · Paid in Full · Loan `3563178406`
## Borrower
- **Name:** NORMAN KING ELECTRIC INC
- **Address:** 3450 Airpark Dr, Owensboro, KY, 42301-7724
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $463K
- **Initial approval:** $463K
- **Forgiven:** $467K (101%)
- **Forgiveness date:** 11/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $463K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** German American Bank
- **Servicing:** German American Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*