# PPP loan: GLINES ELECTRIC LLC
> **$314K** approved 04/06/2020 · Paid in Full · Loan `6164427006`
## Borrower
- **Name:** GLINES ELECTRIC LLC
- **Address:** 105 Hwy 85, BUFFALO, SD, 57720-0010
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $314K
- **Forgiven:** $318K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $306K
- **Rent:** $7K
- **Utilities:** $1K
- **Debt interest:** $250
- **Jobs reported:** 12
## Lender
- **Originating:** Dakota Western Bank
- **Servicing:** Dakota Western Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*