# PPP loan: ATS ELECTRIC, INC
> **$547K** approved 04/08/2020 · Paid in Full · Loan `8745277006`
## Borrower
- **Name:** ATS ELECTRIC, INC
- **Address:** 840 North 52nd Avenue, PHOENIX, AZ, 85043-2726
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $547K
- **Initial approval:** $547K
- **Forgiven:** $551K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $547K
- **Jobs reported:** 54
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*