# PPP loan: SAFE-T-WAY ELECTRIC INC.
> **$200K** approved 03/25/2021 · Paid in Full · Loan `8963468608`
## Borrower
- **Name:** SAFE-T-WAY ELECTRIC INC.
- **Address:** 6208 Mackay St, Anchorage, AK, 99518-1740
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 11
## Lender
- **Originating:** First National Bank Alaska
- **Servicing:** First National Bank Alaska (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*