# PPP loan: BURLINGTON ELECTRIC INC
> **$183K** approved 04/07/2020 · Paid in Full · Loan `6961497008`
## Borrower
- **Name:** BURLINGTON ELECTRIC INC
- **Address:** 3301 101ST ST NW, BURLINGTON, ND, 58722-9688
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Utilities:** $3K
- **Health care:** $32K
- **Jobs reported:** 11
## Lender
- **Originating:** Bravera Bank
- **Servicing:** Bravera Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*