# PPP loan: 3B ELECTRIC LLC
> **$163K** approved 01/23/2021 · Paid in Full · Loan `4810388304`
## Borrower
- **Name:** 3B ELECTRIC LLC
- **Address:** 6531 320th St, Hartley, IA, 51346-7533
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 14
## Lender
- **Originating:** Cherokee State Bank
- **Servicing:** Cherokee State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*