# PPP loan: JOLMA ELECTRIC, LLC
> **$175K** approved 04/06/2020 · Paid in Full · Loan `6184577002`
## Borrower
- **Name:** JOLMA ELECTRIC, LLC
- **Address:** 3100 B Ellis Avenue, ASHLAND, WI, 54806-3997
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 16
## Lender
- **Originating:** Northern State Bank
- **Servicing:** Northern State Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*