# PPP loan: JENSEN ELECTRIC INC.
> **$173K** approved 04/14/2020 · Paid in Full · Loan `6000337105`
## Borrower
- **Name:** JENSEN ELECTRIC INC.
- **Address:** 25804 Lindbergh Ave., RENNER, SD, 57055
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Jobs reported:** 14
## Lender
- **Originating:** First Bank & Trust
- **Servicing:** First Bank & Trust (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*