# PPP loan: LEAR ELECTRIC CO. INC.
> **$150K** approved 03/02/2021 · Paid in Full · Loan `5908248507`
## Borrower
- **Name:** LEAR ELECTRIC CO. INC.
- **Address:** 6002 NE 112th Ave, Portland, OR, 97220-1012
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $150K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 9
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*