# PPP loan: SERVICE ELECTRIC OF ALLEN CTY,
> **$1.07M** approved 04/07/2020 · Paid in Full · Loan `7091187009`
## Borrower
- **Name:** SERVICE ELECTRIC OF ALLEN CTY,
- **Address:** 4015 MEYER RD, FORT WAYNE, IN, 46806-2811
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.07M
- **Jobs reported:** 36
## Lender
- **Originating:** First Federal Savings Bank
- **Servicing:** First Federal Savings Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*