# PPP loan: MARATHON ELECTRIC
> **$286K** approved 04/06/2020 · Paid in Full · Loan `5647107004`
## Borrower
- **Name:** MARATHON ELECTRIC
- **Address:** 20512 Nicholas Circle, ELKHORN, NE, 68022-2765
- **NAICS:** 811118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $286K
- **Initial approval:** $286K
- **Forgiven:** $288K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $286K
- **Jobs reported:** 20
## Lender
- **Originating:** Commercial State Bank
- **Servicing:** Commercial State Bank (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*