# PPP loan: P & E ENGINEERING CO
> **$405K** approved 04/07/2020 · Paid in Full · Loan `7619217004`
## Borrower
- **Name:** P & E ENGINEERING CO
- **Address:** 245 S 5TH ST, CARLISLE, IA, 50047-8753
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $405K
- **Initial approval:** $405K
- **Forgiven:** $408K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $405K
- **Jobs reported:** 20
## Lender
- **Originating:** Peoples Savings Bank
- **Servicing:** Peoples Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*