# PPP loan: SIMON ELECTRIC CONSTRUCTION CO., INC.
> **$261K** approved 04/06/2020 · Paid in Full · Loan `5878867006`
## Borrower
- **Name:** SIMON ELECTRIC CONSTRUCTION CO., INC.
- **Address:** 345 SAINT CROIX AVE, NEW RICHMOND, WI, 54017-2610
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $261K
- **Jobs reported:** 18
## Lender
- **Originating:** Hiawatha National Bank
- **Servicing:** Hiawatha National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*