# PPP loan: TRUE LIGHT ELECTRIC, INC.
> **$277K** approved 04/13/2020 · Paid in Full · Loan `4697277100`
## Borrower
- **Name:** TRUE LIGHT ELECTRIC, INC.
- **Address:** 7425 128TH ST E, PUYALLUP, WA, 98373-5382
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $277K
- **Jobs reported:** 16
## Lender
- **Originating:** Heritage Bank
- **Servicing:** Heritage Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*