# PPP loan: PHOTON ELECTRIC
> **$192K** approved 04/09/2020 · Paid in Full · Loan `9239757010`
## Borrower
- **Name:** PHOTON ELECTRIC
- **Address:** 11585 W 700 S, MILLERSBURG, IN, 46543-9573
- **NAICS:** 335122
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $193K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $144K
- **Utilities:** $48K
- **Jobs reported:** 19
## Lender
- **Originating:** First State Bank of Middlebury
- **Servicing:** First State Bank of Middlebury (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*