# PPP loan: NATIONAL CREDIT SERVICES INC.
> **$2.94M** approved 04/14/2020 · Exemption 4 · Loan `7767267108`
## Borrower
- **Name:** NATIONAL CREDIT SERVICES INC.
- **Address:** 2525 220TH ST SE Suite 200, BOTHELL, WA, 98021-4440
- **NAICS:** 561440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.94M
- **Initial approval:** $2.94M
- **Forgiven:** $2.07M (70%)
- **Forgiveness date:** 08/26/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $2.94M
- **Jobs reported:** 235
## Lender
- **Originating:** Coastal Community Bank
- **Servicing:** Coastal Community Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*