# PPP loan: DURGIN ELECTRIC LLC
> **$224K** approved 04/04/2020 · Paid in Full · Loan `4766407009`
## Borrower
- **Name:** DURGIN ELECTRIC LLC
- **Address:** 181 N 12th St  12TH ST Unit 1, CARBONDALE, CO, 81623-2237
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $168K
- **Rent:** $56K
- **Jobs reported:** 21
## Lender
- **Originating:** Timberline Bank
- **Servicing:** Timberline Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*