# PPP loan: KOHRMANN ELECTRIC CO INC
> **$331K** approved 01/28/2021 · Paid in Full · Loan `7663488302`
## Borrower
- **Name:** KOHRMANN ELECTRIC CO INC
- **Address:** 14102 State Route 161 # 0, Bartelso, IL, 62218-1801
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $333K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $331K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Peoples National Bank, National Association
- **Servicing:** Peoples National Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*