# PPP loan: POWER CITY ELECTRIC, INC
> **$4.20M** approved 04/06/2020 · Paid in Full · Loan `6292147010`
## Borrower
- **Name:** POWER CITY ELECTRIC, INC
- **Address:** 3327 E OLIVE AVE, SPOKANE, WA, 99202-4617
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $4.20M
- **Initial approval:** $4.20M
- **Forgiven:** $4.24M (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.20M
- **Jobs reported:** 150
## Lender
- **Originating:** Washington Trust Bank
- **Servicing:** Washington Trust Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*