# PPP loan: LLR ELECTRIC INC.
> **$1.09M** approved 02/06/2021 · Paid in Full · Loan `4185958400`
## Borrower
- **Name:** LLR ELECTRIC INC.
- **Address:** 4802 E Ray Rd Ste 23, Phoenix, AZ, 85044-6410
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $657K (60%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.09M
- **Jobs reported:** 48
## Lender
- **Originating:** Western State Bank
- **Servicing:** Western State Bank (ND)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*