# PPP loan: B.K. ELECTRIC INC. DBA MR. ELECTRIC OF CENTRAL IOWA
> **$151K** approved 04/08/2020 · Paid in Full · Loan `8638587010`
## Borrower
- **Name:** B.K. ELECTRIC INC. DBA MR. ELECTRIC OF CENTRAL IOWA
- **Address:** 4200 Fox St, COLFAX, IA, 50054-7681
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $136K
- **Health care:** $15K
- **Jobs reported:** 13
## Lender
- **Originating:** Great Southern Bank
- **Servicing:** Great Southern Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*