# PPP loan: KYLE ELECTRIC, INC
> **$331K** approved 04/29/2020 · Paid in Full · Loan `4233377304`
## Borrower
- **Name:** KYLE ELECTRIC, INC
- **Address:** 1085 S 2nd St, Coos Bay, OR, 97420
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $295K
- **Forgiven:** $335K (101%)
- **Forgiveness date:** 04/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $249K
- **Rent:** $50K
- **Utilities:** $33K
- **Jobs reported:** 20
## 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*