# PPP loan: BH ELECTRONICS INC
> **$1.05M** approved 07/24/2020 · Paid in Full · Loan `7996418105`
## Borrower
- **Name:** BH ELECTRONICS INC
- **Address:** 12219 Wood Lake Drive, BURNSVILLE, MN, 55337-1526
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.05M
- **Jobs reported:** 105
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*