# PPP loan: AUDENBY ELECTRIC, INC.
> **$365K** approved 04/09/2020 · Paid in Full · Loan `9673007000`
## Borrower
- **Name:** AUDENBY ELECTRIC, INC.
- **Address:** RAPIDS DR, RACINE, WI, 53404-1603
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $367K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $273K
- **Mortgage interest:** $46K
- **Utilities:** $46K
- **Jobs reported:** 21
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*