# PPP loan: INTERSTATE BATTERY SYSTEMS OF SEATTLE
> **$1.40M** approved 04/07/2020 · Paid in Full · Loan `7027457002`
## Borrower
- **Name:** INTERSTATE BATTERY SYSTEMS OF SEATTLE
- **Address:** 727 134TH ST SW, EVERETT, WA, 98204-6305
- **NAICS:** 453998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.42M (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.40M
- **Jobs reported:** 122
## Lender
- **Originating:** Coastal Community Bank
- **Servicing:** Coastal Community Bank (WA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*