# PPP loan: BENTON ELECTRIC INC.
> **$633K** approved 01/22/2021 · Paid in Full · Loan `3928828306`
## Borrower
- **Name:** BENTON ELECTRIC INC.
- **Address:** 34037 Excor Rd SW, Albany, OR, 97321-9464
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $633K
- **Initial approval:** $633K
- **Forgiven:** $639K (101%)
- **Forgiveness date:** 12/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $633K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Citizens Bank
- **Servicing:** Citizens Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*