# PPP loan: SIGNATURE ELECTRIC CO.
> **$189K** approved 04/28/2020 · Paid in Full · Loan `8276357209`
## Borrower
- **Name:** SIGNATURE ELECTRIC CO.
- **Address:** 1855 80th St, VICTORIA, MN, 55386-0001
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Mortgage interest:** $20K
- **Utilities:** $18K
- **Jobs reported:** 11
## Lender
- **Originating:** Park State Bank
- **Servicing:** Park State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*