# PPP loan: CLACKAMAS ELECTRIC INC.
> **$484K** approved 01/19/2021 · Paid in Full · Loan `1571218308`
## Borrower
- **Name:** CLACKAMAS ELECTRIC INC.
- **Address:** 16070 S Rifle Way, Oregon City, OR, 97045-8477
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $484K
- **Initial approval:** $484K
- **Forgiven:** $486K (100%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $484K
- **Jobs reported:** 26
## Lender
- **Originating:** Embold Federal Credit Union
- **Servicing:** Embold Federal Credit Union (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*