# PPP loan: SCHMIDT ELECTRICAL CONSTRUCTION LLC
> **$195K** approved 01/23/2021 · Paid in Full · Loan `4563508305`
## Borrower
- **Name:** SCHMIDT ELECTRICAL CONSTRUCTION LLC
- **Address:** 72 Means Dr, Platteville, WI, 53818-3898
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $195K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Clare Bank, National Association
- **Servicing:** Clare Bank, National Association (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*