# PPP loan: ARCTIC ELECTRICIANS
> **$201K** approved 03/26/2021 · Paid in Full · Loan `1057918706`
## Borrower
- **Name:** ARCTIC ELECTRICIANS
- **Address:** 290 Kingsbury Grade # 15, Stateline, NV, 89449-9804
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $201K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*