# PPP loan: WYE ELECTRIC INC
> **$293K** approved 02/05/2021 · Paid in Full · Loan `3462308409`
## Borrower
- **Name:** WYE ELECTRIC INC
- **Address:** 15222 S 47th St, Phoenix, AZ, 85044-6893
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $293K
- **Initial approval:** $293K
- **Forgiven:** $295K (101%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $293K
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** MidFirst Bank
- **Servicing:** MidFirst Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*