# PPP loan: ECHO CANYON ELECTRIC INC
> **$1.02M** approved 05/03/2020 · Paid in Full · Loan `5214027706`
## Borrower
- **Name:** ECHO CANYON ELECTRIC INC
- **Address:** 2820 E MOHAWK LN, PHOENIX, AZ, 85050-4700
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.02M
- **Jobs reported:** 110
## 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*