# PPP loan: ART'S ELECTRIC, INC.
> **$204K** approved 04/14/2020 · Paid in Full · Loan `7513687105`
## Borrower
- **Name:** ART'S ELECTRIC, INC.
- **Address:** 1320 INDUSTRIAL WAY, LONGVIEW, WA, 98632-1032
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $204K
- **Initial approval:** $204K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $153K
- **Rent:** $31K
- **Utilities:** $20K
- **Jobs reported:** 14
## Lender
- **Originating:** Twin City Bank
- **Servicing:** Twin City Bank (WA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*