# PPP loan: EARL'S ELECTRIC INC.
> **$293K** approved 02/08/2021 · Paid in Full · Loan `5230548400`
## Borrower
- **Name:** EARL'S ELECTRIC INC.
- **Address:** 2920 2nd Ave W, Williston, ND, 58801-2931
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $293K
- **Initial approval:** $293K
- **Forgiven:** $294K (100%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $293K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** First State Bank & Trust
- **Servicing:** First State Bank & Trust (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*