# PPP loan: SAFETY ELECTRIC INC
> **$484K** approved 04/11/2020 · Paid in Full · Loan `3155637102`
## Borrower
- **Name:** SAFETY ELECTRIC INC
- **Address:** 2035 25th St SE, Salem, OR, 97302-1130
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $484K
- **Initial approval:** $484K
- **Forgiven:** $486K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $484K
- **Jobs reported:** 30
## Lender
- **Originating:** Pioneer Trust Bank, National Association
- **Servicing:** Pioneer Trust Bank, National Association (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*