# PPP loan: CEC ELECTRIC, LLC
> **$364K** approved 04/03/2020 · Paid in Full · Loan `4432277007`
## Borrower
- **Name:** CEC ELECTRIC, LLC
- **Address:** 3 4th St NW, FORT DODGE, IA, 50501-2322
- **NAICS:** 238210
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $364K
- **Initial approval:** $364K
- **Forgiven:** $368K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Health care:** $93K
- **Jobs reported:** 25
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*