# PPP loan: GKS ELECTRIC II
> **$244K** approved 04/27/2020 · Paid in Full · Loan `4437657209`
## Borrower
- **Name:** GKS ELECTRIC II
- **Address:** 203.5 SIMMONS STREET, EAST BREWTON, AL, 36426
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Rent:** $10K
- **Utilities:** $15K
- **Debt interest:** $24K
- **Jobs reported:** 17
## Lender
- **Originating:** 22nd State Bank
- **Servicing:** 22nd State Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*