# PPP loan: GARNER ELECTRIC COMPANY
> **$1.88M** approved 04/15/2020 · Paid in Full · Loan `1854237209`
## Borrower
- **Name:** GARNER ELECTRIC COMPANY
- **Address:** 2890 SE Brookwood Ave, HILLSBORO, OR, 97123-8498
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.88M
- **Initial approval:** $1.88M
- **Forgiven:** $1.89M (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.83M
- **Rent:** $37K
- **Utilities:** $6K
- **Jobs reported:** 150
## Lender
- **Originating:** Bank of the Pacific
- **Servicing:** Bank of the Pacific (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*