# PPP loan: JACKSON ELECTRIC INC
> **$207K** approved 01/23/2021 · Paid in Full · Loan `4280078307`
## Borrower
- **Name:** JACKSON ELECTRIC INC
- **Address:** 515 S Main St, Winthrop, MN, 55396-4500
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $208K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $207K
- **Jobs reported:** 16
## Lender
- **Originating:** Alliance Bank
- **Servicing:** Alliance Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*