# PPP loan: K-W ELECTRIC, INC.
> **$900K** approved 04/03/2020 · Paid in Full · Loan `4386147001`
## Borrower
- **Name:** K-W ELECTRIC, INC.
- **Address:** N5875 County RoadM, PLYMOUTH, WI, 53073
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $900K
- **Initial approval:** $900K
- **Forgiven:** $906K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $850K
- **Health care:** $50K
- **Jobs reported:** 75
## Lender
- **Originating:** Hiawatha National Bank
- **Servicing:** Hiawatha National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*