# PPP loan: SOLLMANN ELECTRIC COMPANY
> **$523K** approved 01/31/2021 · Paid in Full · Loan `9822958309`
## Borrower
- **Name:** SOLLMANN ELECTRIC COMPANY
- **Address:** 310 E Russell Rd, Sidney, OH, 45365-1765
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $523K
- **Initial approval:** $523K
- **Forgiven:** $526K (100%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $523K
- **Jobs reported:** 38
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*