# PPP loan: PRAIRIE ELECTRIC CO. INC.
> **$734K** approved 02/27/2021 · Paid in Full · Loan `5384608506`
## Borrower
- **Name:** PRAIRIE ELECTRIC CO. INC.
- **Address:** 6595 Edenvale Blvd Ste 120, Eden Prairie, MN, 55346-2567
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $734K
- **Initial approval:** $734K
- **Forgiven:** $741K (101%)
- **Forgiveness date:** 03/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $734K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** Scale Bank
- **Servicing:** Scale Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*