# PPP loan: METCALF ELECTRIC, INC
> **$213K** approved 05/01/2020 · Paid in Full · Loan `3433487705`
## Borrower
- **Name:** METCALF ELECTRIC, INC
- **Address:** 281 W Coble Rd, Shelton, WA, 98584
- **NAICS:** 221118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $216K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Rent:** $53K
- **Jobs reported:** 13
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*