# PPP loan: COX ELECTRIC INC
> **$346K** approved 04/01/2021 · Paid in Full · Loan `4256118709`
## Borrower
- **Name:** COX ELECTRIC INC
- **Address:** 3855 Cascadia Canyon Ave SE Ste 110, Salem, OR, 97302-1373
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $346K
- **Initial approval:** $346K
- **Forgiven:** $353K (102%)
- **Forgiveness date:** 06/21/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $346K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*