# PPP loan: GOFF INDUSTRIAL ELECTRIC INC
> **$160K** approved 02/20/2021 · Paid in Full · Loan `2517298510`
## Borrower
- **Name:** GOFF INDUSTRIAL ELECTRIC INC
- **Address:** 801 N Washington St, DYER, AR, 72935
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 09/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 11
## Lender
- **Originating:** The First National Bank of Fort Smith
- **Servicing:** The First National Bank of Fort Smith (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*