# PPP loan: GREEN ELECTRIC, INC.
> **$424K** approved 04/28/2020 · Paid in Full · Loan `7237197201`
## Borrower
- **Name:** GREEN ELECTRIC, INC.
- **Address:** 637 Winters Drive, COLORADO SPRINGS, CO, 80907
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $424K
- **Initial approval:** $424K
- **Forgiven:** $428K (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $424K
- **Jobs reported:** 19
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*