# PPP loan: COONRAD'S BIG C ELECTRIC INC.
> **$197K** approved 01/25/2021 · Paid in Full · Loan `5710788303`
## Borrower
- **Name:** COONRAD'S BIG C ELECTRIC INC.
- **Address:** 1750 E North St, Rapid City, SD, 57701-9586
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 03/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $197K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Black Hills Community Bank, National Association
- **Servicing:** Black Hills Community Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*