# PPP loan: GERMAINE ELECTRIC, INC.
> **$197K** approved 04/07/2020 · Paid in Full · Loan `7009507000`
## Borrower
- **Name:** GERMAINE ELECTRIC, INC.
- **Address:** 10819 Wood Gate Dr., DUBUQUE, IA, 52003-8478
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Jobs reported:** 20
## Lender
- **Originating:** Dubuque Bank and Trust Company, A Division of HTLF Bank
- **Servicing:** HTLF Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*