# PPP loan: MUELLER ELECTRIC, LLC
> **$158K** approved 04/08/2020 · Paid in Full · Loan `8501707008`
## Borrower
- **Name:** MUELLER ELECTRIC, LLC
- **Address:** 4706 WINCHESTER AVE, ASHLAND, KY, 41101-6536
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $119K
- **Rent:** $40K
- **Jobs reported:** 18
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*