# PPP loan: A E M ELECTRIC SERVICES CORPORATION
> **$367K** approved 04/14/2020 · Paid in Full · Loan `7707057102`
## Borrower
- **Name:** A E M ELECTRIC SERVICES CORPORATION
- **Address:** 8201 CENTRAL AVE NE, SPRING LK PK, MN, 55432
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $367K
- **Initial approval:** $367K
- **Forgiven:** $371K (101%)
- **Forgiveness date:** 04/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $367K
- **Jobs reported:** 25
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*