# PPP loan: OWENS MONTPELIER ELECTRIC
> **$164K** approved 02/13/2021 · Paid in Full · Loan `8710628403`
## Borrower
- **Name:** OWENS MONTPELIER ELECTRIC
- **Address:** 13050 State Route 107, Montpelier, OH, 43543-9297
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (100%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $164K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** The State Bank and Trust Company
- **Servicing:** The State Bank and Trust Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*