# PPP loan: SECHLER ELECTRIC INC
> **$716K** approved 04/03/2020 · Paid in Full · Loan `4368937009`
## Borrower
- **Name:** SECHLER ELECTRIC INC
- **Address:** 1925 E Phelps, SPRINGFIELD, MO, 65802-2258
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $716K
- **Initial approval:** $748K
- **Forgiven:** $721K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $716K
- **Jobs reported:** 63
## Lender
- **Originating:** The Central Trust Bank
- **Servicing:** The Central Trust Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*