# PPP loan: SCOTT'S ARIZONA ELECTRIC MOTOR REPAIR PM, LLC
> **$418K** approved 05/15/2020 · Paid in Full · Loan `7110227407`
## Borrower
- **Name:** SCOTT'S ARIZONA ELECTRIC MOTOR REPAIR PM, LLC
- **Address:** 2824 East Washington St, PHOENIX, AZ, 85034
- **NAICS:** 333914
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $418K
- **Initial approval:** $418K
- **Forgiven:** $423K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $418K
- **Jobs reported:** 28
## 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*