# PPP loan: KENNEWICK INDUSTRIAL AND ELECT
> **$1.08M** approved 04/10/2020 · Paid in Full · Loan `2449117100`
## Borrower
- **Name:** KENNEWICK INDUSTRIAL AND ELECT
- **Address:** 113 E Columbia Dr, KENNEWICK, WA, 99336-3718
- **NAICS:** 444190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.10M (102%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $930K
- **Rent:** $123K
- **Utilities:** $24K
- **Jobs reported:** 84
## Lender
- **Originating:** Baker Boyer National Bank
- **Servicing:** Baker Boyer National Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*