# PPP loan: GREER ELECTRIC, INC
> **$459K** approved 04/04/2020 · Paid in Full · Loan `4854957010`
## Borrower
- **Name:** GREER ELECTRIC, INC
- **Address:** 1190A CR 628, DUMAS, MS, 38625
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $459K
- **Initial approval:** $463K
- **Forgiven:** $461K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $367K
- **Mortgage interest:** $46K
- **Utilities:** $46K
- **Jobs reported:** 25
## Lender
- **Originating:** Farmers and Merchants Bank
- **Servicing:** Farmers and Merchants Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*