# PPP loan: STILTNER ELECTRIC, INC.
> **$536K** approved 04/04/2020 · Paid in Full · Loan `4736997010`
## Borrower
- **Name:** STILTNER ELECTRIC, INC.
- **Address:** 340 Herky St, NORTH LIBERTY, IA, 52317-8523
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $536K
- **Initial approval:** $536K
- **Forgiven:** $540K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $536K
- **Jobs reported:** 40
## Lender
- **Originating:** Cedar Rapids Bank and Trust Company
- **Servicing:** Cedar Rapids Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*