# PPP loan: LUDVIK ELECTRIC CO.
> **$10.00M** approved 03/12/2021 · Paid in Full · Loan `9389558501`
## Borrower
- **Name:** LUDVIK ELECTRIC CO.
- **Address:** 3900 S Teller St, Lakewood, CO, 80235-2213
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $10.00M
- **Initial approval:** $10.00M
- **Forgiven:** $10.26M (103%)
- **Forgiveness date:** 10/18/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $10.00M
- **Utilities:** $1
- **Jobs reported:** 276
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*