# PPP loan: NUECHTERLEIN ELECTRIC INC
> **$414K** approved 04/13/2020 · Paid in Full · Loan `4277947104`
## Borrower
- **Name:** NUECHTERLEIN ELECTRIC INC
- **Address:** 304 List St, FRANKENMUTH, MI, 48734-1698
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $414K
- **Initial approval:** $414K
- **Forgiven:** $417K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $414K
- **Jobs reported:** 31
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*