# PPP loan: INDEPENDENT ELECTRIC MACHINERY COMPANY
> **$797K** approved 03/01/2021 · Paid in Full · Loan `5615838503`
## Borrower
- **Name:** INDEPENDENT ELECTRIC MACHINERY COMPANY
- **Address:** 4425 Oliver St, Kansas City, KS, 66106-3764
- **NAICS:** 335999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $797K
- **Initial approval:** $797K
- **Forgiven:** $803K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $797K
- **Utilities:** $1
- **Jobs reported:** 64
## Lender
- **Originating:** Enterprise Bank & Trust
- **Servicing:** Enterprise Bank & Trust (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*