# PPP loan: OWENS ELECTRIC CO.
> **$368K** approved 04/15/2020 · Paid in Full · Loan `9543107106`
## Borrower
- **Name:** OWENS ELECTRIC CO.
- **Address:** 146 S GREENWOOD STREET, MARION, OH, 43302-4114
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $368K
- **Jobs reported:** 25
## Lender
- **Originating:** The Union Bank Company
- **Servicing:** The Union Bank Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*