# PPP loan: LIBERTY ELECTRIC INC.
> **$778K** approved 04/27/2020 · Paid in Full · Loan `4205847208`
## Borrower
- **Name:** LIBERTY ELECTRIC INC.
- **Address:** 11774 SE Jennifer St, CLACKAMAS, OR, 97015
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $778K
- **Initial approval:** $778K
- **Forgiven:** $788K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $751K
- **Rent:** $23K
- **Utilities:** $4K
- **Jobs reported:** 53
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*