# PPP loan: E & M APPLIANCE, INC.
> **$236K** approved 04/07/2020 · Paid in Full · Loan `6560187008`
## Borrower
- **Name:** E & M APPLIANCE, INC.
- **Address:** 51 E. Madison St. PO BOX 183, SEBREE, KY, 42455-0183
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $237K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Jobs reported:** 27
## Lender
- **Originating:** Independence Bank of Kentucky
- **Servicing:** Independence Bank of Kentucky (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*