# PPP loan: FRENCH GERLEMAN ELECTRIC COMPANY
> **$3.54M** approved 04/15/2020 · Paid in Full · Loan `8419567102`
## Borrower
- **Name:** FRENCH GERLEMAN ELECTRIC COMPANY
- **Address:** 2023 Westport Center Drive, SAINT LOUIS, MO, 63146
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.54M
- **Initial approval:** $3.54M
- **Forgiven:** $2.19M (62%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.54M
- **Jobs reported:** 229
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*