# PPP loan: COLLIER ELECTRICAL SERVICE INC
> **$1.44M** approved 04/27/2020 · Paid in Full · Loan `5031947207`
## Borrower
- **Name:** COLLIER ELECTRICAL SERVICE INC
- **Address:** 5129 Gilbertsville Hwy, CALVERT CITY, KY, 42029
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.44M
- **Initial approval:** $1.44M
- **Forgiven:** $1.22M (85%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.15M
- **Rent:** $96K
- **Mortgage interest:** $96K
- **Utilities:** $96K
- **Jobs reported:** 34
## Lender
- **Originating:** The City National Bank of Metropolis
- **Servicing:** The City National Bank of Metropolis (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*