# PPP loan: NORTH SHORE ELECTRIC INC
> **$353K** approved 01/25/2021 · Paid in Full · Loan `5803698310`
## Borrower
- **Name:** NORTH SHORE ELECTRIC INC
- **Address:** 3303 Jahn Ave NW Ste 236, Gig Harbor, WA, 98335-8050
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $353K
- **Initial approval:** $353K
- **Forgiven:** $357K (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $353K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Heritage Bank
- **Servicing:** Heritage Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*