# PPP loan: WALLRAFF ELECTRIC COMPANY
> **$339K** approved 04/28/2020 · Paid in Full · Loan `9302207209`
## Borrower
- **Name:** WALLRAFF ELECTRIC COMPANY
- **Address:** 540 OLD HIGHWAY 8 NW, SAINT PAUL, MN, 55112-2721
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $339K
- **Initial approval:** $339K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $339K
- **Jobs reported:** 15
## Lender
- **Originating:** Falcon National Bank
- **Servicing:** Falcon National Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*