# PPP loan: WISSEHR ELECTRIC, INC.
> **$533K** approved 04/06/2020 · Paid in Full · Loan `5749257004`
## Borrower
- **Name:** WISSEHR ELECTRIC, INC.
- **Address:** 5801 W State Route 161, BELLEVILLE, IL, 62223
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $533K
- **Initial approval:** $565K
- **Forgiven:** $539K (101%)
- **Forgiveness date:** 04/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Rent:** $133K
- **Jobs reported:** 19
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*