# PPP loan: GOWDY BROS ELECTRIC INC
> **$245K** approved 01/27/2021 · Paid in Full · Loan `6900148305`
## Borrower
- **Name:** GOWDY BROS ELECTRIC INC
- **Address:** 309 SW Pumice Ave, Redmond, OR, 97756-8685
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 09/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $245K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** First Interstate Bank
- **Servicing:** First Interstate Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*