# PPP loan: KEYSTONE ELECTRICAL MANUFACTURING CO.
> **$1.03M** approved 01/26/2021 · Paid in Full · Loan `6094478304`
## Borrower
- **Name:** KEYSTONE ELECTRICAL MANUFACTURING CO.
- **Address:** 2511 Bell Ave, Des Moines, IA, 50321-1118
- **NAICS:** 335313
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.03M (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.03M
- **Utilities:** $1
- **Jobs reported:** 85
## Lender
- **Originating:** Bank Iowa
- **Servicing:** Bank Iowa (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*