# PPP loan: KREDIT ELECTRIC
> **$327K** approved 04/08/2020 · Paid in Full · Loan `8624407001`
## Borrower
- **Name:** KREDIT ELECTRIC
- **Address:** 6650 Churchill Rd, MANHATTAN, MT, 59741-8402
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $328K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $327K
- **Jobs reported:** 29
## Lender
- **Originating:** Manhattan Bank
- **Servicing:** Manhattan Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*