# PPP loan: NAPLES ELECTRIC LLC
> **$294K** approved 02/24/2021 · Paid in Full · Loan `3587208505`
## Borrower
- **Name:** NAPLES ELECTRIC LLC
- **Address:** 1820 20th Ave NE, Naples, FL, 34120-5454
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $294K
- **Initial approval:** $294K
- **Forgiven:** $295K (100%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $294K
- **Jobs reported:** 22
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*