# PPP loan: EDISON ELECTRIC INC
> **$785K** approved 05/01/2020 · Paid in Full · Loan `8621977710`
## Borrower
- **Name:** EDISON ELECTRIC INC
- **Address:** 2417 104th Street Ct S, Lakewood, WA, 98499
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $785K
- **Initial approval:** $785K
- **Forgiven:** $800K (102%)
- **Forgiveness date:** 03/24/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $785K
- **Jobs reported:** 47
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*