# PPP loan: CEDAR VALLEY ELECTRIC CO.
> **$174K** approved 04/04/2020 · Paid in Full · Loan `4667467010`
## Borrower
- **Name:** CEDAR VALLEY ELECTRIC CO.
- **Address:** 5743 Westminster Drive Suite A, CEDAR FALLS, IA, 50613-6924
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $174K
- **Jobs reported:** 16
## Lender
- **Originating:** Farmers State Bank
- **Servicing:** Farmers State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*