# PPP loan: THE ERECTION COMPANY, INC.
> **$2.64M** approved 04/13/2020 · Paid in Full · Loan `4529377107`
## Borrower
- **Name:** THE ERECTION COMPANY, INC.
- **Address:** 17415 51ST AVE NE STE D, ARLINGTON, WA, 98223-3724
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.64M
- **Initial approval:** $2.64M
- **Forgiven:** $2.67M (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.64M
- **Jobs reported:** 170
## Lender
- **Originating:** Coastal Community Bank
- **Servicing:** Coastal Community Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*