# PPP loan: KAY BEE ELECTRIC COMPANY
> **$2.25M** approved 04/08/2020 · Paid in Full · Loan `8664487008`
## Borrower
- **Name:** KAY BEE ELECTRIC COMPANY
- **Address:** 250 RUE ST FRANCOIS ST, FLORISSANT, MO, 63031-5014
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.25M
- **Initial approval:** $900K
- **Forgiven:** $2.28M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.22M
- **Rent:** $27K
- **Utilities:** $5K
- **Jobs reported:** 73
## Lender
- **Originating:** CNB St. Louis Bank
- **Servicing:** CNB St. Louis Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*