# PPP loan: ROSS ELECTRIC INC
> **$262K** approved 05/01/2020 · Paid in Full · Loan `6142157704`
## Borrower
- **Name:** ROSS ELECTRIC INC
- **Address:** 2870 SE 75TH AVE STE 203, HILLSBORO, OR, 97123-6748
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Jobs reported:** 19
## 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*