# PPP loan: SILVERLEAF ELECTRONICS INC
> **$261K** approved 04/27/2020 · Paid in Full · Loan `3760727201`
## Borrower
- **Name:** SILVERLEAF ELECTRONICS INC
- **Address:** 2490 FERRY ST SW, ALBANY, OR, 97322-7801
- **NAICS:** 335999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $252K
- **Mortgage interest:** $7K
- **Utilities:** $2K
- **Jobs reported:** 21
## Lender
- **Originating:** Peoples Bank of Commerce
- **Servicing:** Peoples Bank of Commerce (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*