# PPP loan: TIMMONS ELECTRIC COMPANY, INC.
> **$239K** approved 04/05/2020 · Paid in Full · Loan `5211437008`
## Borrower
- **Name:** TIMMONS ELECTRIC COMPANY, INC.
- **Address:** 130 North  COURT ST, MORGANFIELD, KY, 42437-1402
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Jobs reported:** 18
## Lender
- **Originating:** United Community Bank of West Kentucky, Inc.
- **Servicing:** United Community Bank of West Kentucky, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*