# PPP loan: ATLAS ELECTRIC & CONTROL, INC.
> **$719K** approved 04/27/2020 · Paid in Full · Loan `3701427205`
## Borrower
- **Name:** ATLAS ELECTRIC & CONTROL, INC.
- **Address:** 8550 HIGHLAND DR, WAUSAU, WI, 54401-8433
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $719K
- **Initial approval:** $719K
- **Forgiven:** $725K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $498K
- **Health care:** $221K
- **Jobs reported:** 43
## Lender
- **Originating:** Peoples State Bank
- **Servicing:** Peoples State Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*