# PPP loan: SKEELS ELECTRIC COMPANY
> **$950K** approved 04/09/2020 · Paid in Full · Loan `9925697005`
## Borrower
- **Name:** SKEELS ELECTRIC COMPANY
- **Address:** 217 N 23rd Street, BISMARCK, ND, 58501-4913
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $950K
- **Initial approval:** $950K
- **Forgiven:** $961K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $950K
- **Jobs reported:** 30
## Lender
- **Originating:** Starion Bank
- **Servicing:** Starion Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*