# PPP loan: KNAPP ELECTRIC, INC.
> **$153K** approved 04/06/2020 · Paid in Full · Loan `5622537008`
## Borrower
- **Name:** KNAPP ELECTRIC, INC.
- **Address:** 1900 E 4TH ST, NORTH PLATTE, NE, 69101-7404
- **NAICS:** 335210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Rent:** $6K
- **Utilities:** $2K
- **Jobs reported:** 16
## Lender
- **Originating:** NebraskaLand Bank
- **Servicing:** NebraskaLand Bank (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*