# PPP loan: STREFF ELECTRIC, INC.
> **$361K** approved 04/07/2020 · Paid in Full · Loan `7507417000`
## Borrower
- **Name:** STREFF ELECTRIC, INC.
- **Address:** 751 CENTER POINT RD NE, CEDAR RAPIDS, IA, 52402-4662
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $361K
- **Initial approval:** $361K
- **Forgiven:** $365K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $361K
- **Jobs reported:** 23
## Lender
- **Originating:** Hills Bank and Trust Company
- **Servicing:** Hills Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*