# PPP loan: COMMERCIAL ELECTRIC, INC
> **$949K** approved 04/13/2020 · Paid in Full · Loan `4671767107`
## Borrower
- **Name:** COMMERCIAL ELECTRIC, INC
- **Address:** 720 S. 17th Street, MATTOON, IL, 61938-5502
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $949K
- **Initial approval:** $949K
- **Forgiven:** $955K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $712K
- **Rent:** $119K
- **Utilities:** $119K
- **Jobs reported:** 48
## Lender
- **Originating:** First Mid Bank & Trust, National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*