# PPP loan: MD ELECTRIC, L.L.C.
> **$177K** approved 04/08/2020 · Paid in Full · Loan `8158307008`
## Borrower
- **Name:** MD ELECTRIC, L.L.C.
- **Address:** 12940 NW SAWMILL RD, STEWARTSVILLE, MO, 64490
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Mortgage interest:** $663
- **Utilities:** $4K
- **Jobs reported:** 10
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*