# PPP loan: MARK ADAMS ELECTRIC, INC.
> **$807K** approved 04/29/2020 · Paid in Full · Loan `3425307305`
## Borrower
- **Name:** MARK ADAMS ELECTRIC, INC.
- **Address:** 17075 SE 82nd Dr, SANDY, OR, 97055
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $807K
- **Initial approval:** $807K
- **Forgiven:** $811K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $766K
- **Rent:** $24K
- **Utilities:** $16K
- **Jobs reported:** 38
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*