# PPP loan: INDUSTRIAL COMMERCIAL ELECTRIC COMPANY
> **$444K** approved 01/27/2021 · Paid in Full · Loan `6978558310`
## Borrower
- **Name:** INDUSTRIAL COMMERCIAL ELECTRIC COMPANY
- **Address:** 29030 TOWN LOOP SW, WILSONVILLE, OR, 97070
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $444K
- **Initial approval:** $444K
- **Forgiven:** $446K (100%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $444K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*