# PPP loan: MATHEWS ELECTRIC CORPORATION
> **$165K** approved 05/01/2020 · Paid in Full · Loan `5607527704`
## Borrower
- **Name:** MATHEWS ELECTRIC CORPORATION
- **Address:** 230 NW BEAVER RDG, POULSBO, WA, 98370-9149
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $149K (90%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Jobs reported:** 13
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*