# PPP loan: AXIS ELECTRIC, LLC
> **$289K** approved 04/14/2020 · Paid in Full · Loan `7515367107`
## Borrower
- **Name:** AXIS ELECTRIC, LLC
- **Address:** 1020 S School Ave, Fayetteville, AR, 72701
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $289K
- **Jobs reported:** 23
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*