# PPP loan: INDUSTRIAL ELECTRIC MOTOR SERVICE, INC.
> **$152K** approved 04/07/2020 · Paid in Full · Loan `6902837003`
## Borrower
- **Name:** INDUSTRIAL ELECTRIC MOTOR SERVICE, INC.
- **Address:** 3779 N 3400 E, KIMBERLY, ID, 83341-5058
- **NAICS:** 811211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Jobs reported:** 14
## Lender
- **Originating:** First Federal Savings Bank of Twin Falls
- **Servicing:** First Federal Savings Bank of Twin Falls (ID)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*