# PPP loan: ASCHINGER ELECTRIC COMPANY
> **$4.24M** approved 04/13/2020 · Paid in Full · Loan `4374627104`
## Borrower
- **Name:** ASCHINGER ELECTRIC COMPANY
- **Address:** 877 Horan Dr., FENTON, MO, 63026-2405
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $4.24M
- **Initial approval:** $4.24M
- **Forgiven:** $4.30M (101%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.24M
- **Jobs reported:** 153
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*