# PPP loan: FERRIN ELECTRIC INC
> **$216K** approved 05/11/2020 · Paid in Full · Loan `4705877409`
## Borrower
- **Name:** FERRIN ELECTRIC INC
- **Address:** 15712 MILL CREEK BLVD STE 24, MILL CREEK, WA, 98012-1573
- **NAICS:** 562910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Jobs reported:** 24
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*