# PPP loan: BECKSTEAD ELECTRIC INC.
> **$752K** approved 02/20/2021 · Paid in Full · Loan `2453358504`
## Borrower
- **Name:** BECKSTEAD ELECTRIC INC.
- **Address:** 92 E 9th St, Wenatchee, WA, 98801-1578
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $752K
- **Initial approval:** $752K
- **Forgiven:** $757K (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $752K
- **Jobs reported:** 39
## Lender
- **Originating:** Cashmere Valley Bank
- **Servicing:** Cashmere Valley Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*