# PPP loan: MCALLISTER ELECTRICAL SERVICES INC.
> **$547K** approved 04/04/2020 · Paid in Full · Loan `4613877009`
## Borrower
- **Name:** MCALLISTER ELECTRICAL SERVICES INC.
- **Address:** 152 Industrial St, CASCADE, IA, 52033-7704
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $547K
- **Initial approval:** $547K
- **Forgiven:** $555K (102%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $547K
- **Jobs reported:** 35
## Lender
- **Originating:** Premier Bank
- **Servicing:** Premier Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*