# PPP loan: ARIZONA ELECTRICAL APPARATUS I
> **$698K** approved 04/10/2020 · Paid in Full · Loan `2375367101`
## Borrower
- **Name:** ARIZONA ELECTRICAL APPARATUS I
- **Address:** 1555 E. APACHE PARK PL, TUCSON, AZ, 85714-1777
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $698K
- **Initial approval:** $698K
- **Forgiven:** $704K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $698K
- **Jobs reported:** 52
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*