# PPP loan: BLAZEK ELECTRIC INC.
> **$396K** approved 01/22/2021 · Paid in Full · Loan `3575768305`
## Borrower
- **Name:** BLAZEK ELECTRIC INC.
- **Address:** 115 8th St SE, Mason City, IA, 50401-5117
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $396K
- **Initial approval:** $396K
- **Forgiven:** $400K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $396K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** First Citizens Bank
- **Servicing:** First Citizens Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*