# PPP loan: ELECTRICAL POWER PRODUCTS INC.
> **$3.97M** approved 04/14/2020 · Paid in Full · Loan `6642397103`
## Borrower
- **Name:** ELECTRICAL POWER PRODUCTS INC.
- **Address:** 4240 ARMY POST RD, DES MOINES, IA, 50315
- **NAICS:** 335313
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $3.97M
- **Initial approval:** $3.97M
- **Forgiven:** $4.02M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.97M
- **Jobs reported:** 334
## Lender
- **Originating:** Bankers Trust Company
- **Servicing:** Bankers Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*