# PPP loan: THE ELECTRIX COMPANY INC
> **$238K** approved 03/31/2021 · Paid in Full · Loan `3327238703`
## Borrower
- **Name:** THE ELECTRIX COMPANY INC
- **Address:** 4452 Ocean View Blvd, Montrose, CA, 91020-1287
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 09/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $238K
- **Jobs reported:** 15
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*