# PPP loan: KISSINGER ELECTRIC INC
> **$307K** approved 04/08/2020 · Paid in Full · Loan `8180747007`
## Borrower
- **Name:** KISSINGER ELECTRIC INC
- **Address:** 1546 S Progress Court, COLUMBIA CITY, IN, 46725-2241
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $309K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $293K
- **Rent:** $10K
- **Mortgage interest:** $3K
- **Utilities:** $980
- **Jobs reported:** 46
## Lender
- **Originating:** STAR Financial Bank
- **Servicing:** STAR Financial Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*