# PPP loan: FIRST ELECTRONICS, INC.
> **$616K** approved 04/11/2020 · Paid in Full · Loan `3132597100`
## Borrower
- **Name:** FIRST ELECTRONICS, INC.
- **Address:** 150 E Chilton Drive, CHANDLER, AZ, 85225-1114
- **NAICS:** 334418
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $616K
- **Initial approval:** $616K
- **Forgiven:** $623K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $616K
- **Jobs reported:** 62
## Lender
- **Originating:** UMB Bank, National Association
- **Servicing:** UMB Bank, National Association (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*