# PPP loan: DAUMAN ELECTRIC INC
> **$188K** approved 04/27/2020 · Paid in Full · Loan `4452497207`
## Borrower
- **Name:** DAUMAN ELECTRIC INC
- **Address:** 295 Swarthout Road, FALL RIVER, WI, 53932
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Rent:** $33K
- **Utilities:** $5K
- **Jobs reported:** 20
## Lender
- **Originating:** Farmers & Merchants Union Bank
- **Servicing:** Farmers & Merchants Union Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*