# PPP loan: KOLDSON ELECTRIC LLC
> **$231K** approved 02/08/2021 · Paid in Full · Loan `5296458400`
## Borrower
- **Name:** KOLDSON ELECTRIC LLC
- **Address:** 16915 Koi Ct, Mount Vernon, WA, 98274-6002
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $231K
- **Utilities:** $1
- **Jobs reported:** 16
## 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*