# PPP loan: NORTHEAST ELECTRIC, LLC
> **$1.11M** approved 04/13/2020 · Paid in Full · Loan `4876837108`
## Borrower
- **Name:** NORTHEAST ELECTRIC, LLC
- **Address:** 1780 Down River Rd, WOODLAND, WA, 98674
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.11M
- **Initial approval:** $1.11M
- **Forgiven:** $1.11M (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.06M
- **Rent:** $33K
- **Utilities:** $14K
- **Jobs reported:** 71
## Lender
- **Originating:** Bank of the Pacific
- **Servicing:** Bank of the Pacific (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*