# PPP loan: WINDEMULLER ELECTRIC, INC.
> **$3.21M** approved 04/05/2020 · Paid in Full · Loan `5443127008`
## Borrower
- **Name:** WINDEMULLER ELECTRIC, INC.
- **Address:** 1176 ELECTRIC AVE, WAYLAND, MI, 49348-8901
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.21M
- **Initial approval:** $3.21M
- **Forgiven:** $3.25M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.21M
- **Jobs reported:** 235
## Lender
- **Originating:** Macatawa Bank
- **Servicing:** Macatawa Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*