# PPP loan: CENTRE ELECTRIC, INCORPORATED
> **$182K** approved 07/21/2020 · Paid in Full · Loan `6446158100`
## Borrower
- **Name:** CENTRE ELECTRIC, INCORPORATED
- **Address:** 43543 Co Rd 17, Sauk Centre, MN, 56378
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $182K
- **Initial approval:** $182K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 09/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $182K
- **Jobs reported:** 57
## Lender
- **Originating:** Magnifi Financial CU
- **Servicing:** Magnifi Financial CU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*