# PPP loan: J.W. KOEHLER ELECTRIC INC.
> **$3.09M** approved 04/28/2020 · Paid in Full · Loan `7543167201`
## Borrower
- **Name:** J.W. KOEHLER ELECTRIC INC.
- **Address:** 2716 W Central Park Ave, DAVENPORT, IA, 52804
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.09M
- **Initial approval:** $3.09M
- **Forgiven:** $3.13M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.09M
- **Jobs reported:** 78
## 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*