# PPP loan: WOLFE ELECTRIC INC
> **$1.75M** approved 04/04/2020 · Paid in Full · Loan `4864677002`
## Borrower
- **Name:** WOLFE ELECTRIC INC
- **Address:** 7761 W KELLOGG DR, WICHITA, KS, 67209-2003
- **NAICS:** 335122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.75M
- **Initial approval:** $1.75M
- **Forgiven:** $1.76M (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.40M
- **Utilities:** $88K
- **Health care:** $175K
- **Debt interest:** $88K
- **Jobs reported:** 158
## Lender
- **Originating:** Community National Bank & Trust
- **Servicing:** Community National Bank & Trust (KS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*