# PPP loan: ESPER ELECTRIC LTD
> **$763K** approved 04/04/2020 · Paid in Full · Loan `4951237008`
## Borrower
- **Name:** ESPER ELECTRIC LTD
- **Address:** 7775 N 6TH ST, KALAMAZOO, MI, 49009-8807
- **NAICS:** 238210
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $763K
- **Initial approval:** $763K
- **Forgiven:** $767K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $763K
- **Jobs reported:** 58
## Lender
- **Originating:** First National Bank of Michigan
- **Servicing:** First National Bank of Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*