# PPP loan: TITAN ELECTRIC, INC
> **$5.76M** approved 04/08/2020 · Paid in Full · Loan `8120507003`
## Borrower
- **Name:** TITAN ELECTRIC, INC
- **Address:** 12828 Northup Way Suite 205, BELLEVUE, WA, 98005-1907
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.76M
- **Initial approval:** $5.76M
- **Forgiven:** $5.83M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.76M
- **Jobs reported:** 344
## Lender
- **Originating:** Heritage Bank
- **Servicing:** Heritage Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*