# PPP loan: DOUG PALMER ELECTRIC LLC
> **$177K** approved 03/28/2021 · Paid in Full · Loan `2154428708`
## Borrower
- **Name:** DOUG PALMER ELECTRIC LLC
- **Address:** 25857 Parker Ln, Veneta, OR, 97487-9628
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 03/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $177K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** First Interstate Bank
- **Servicing:** First Interstate Bank (MT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*