# PPP loan: ELECTRIC SERVICE COMPANY INC
> **$154K** approved 04/06/2020 · Paid in Full · Loan `6310217001`
## Borrower
- **Name:** ELECTRIC SERVICE COMPANY INC
- **Address:** 610 North Hood st, BLUE EARTH, MN, 56013-2318
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $116K
- **Utilities:** $39K
- **Jobs reported:** 10
## Lender
- **Originating:** First Bank Blue Earth
- **Servicing:** First Bank Blue Earth (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*