# PPP loan: T & B ELECTRIC LLC
> **$162K** approved 04/06/2020 · Paid in Full · Loan `5705047009`
## Borrower
- **Name:** T & B ELECTRIC LLC
- **Address:** 3201 N Lorraine St, HUTCHINSON, KS, 67502-2755
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $125K
- **Rent:** $2K
- **Utilities:** $230
- **Health care:** $34K
- **Jobs reported:** 11
## Lender
- **Originating:** Peoples Bank and Trust Company
- **Servicing:** Peoples Bank and Trust Company (KS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*