# PPP loan: ALDER ELECTRIC LLC
> **$464K** approved 04/15/2020 · Paid in Full · Loan `8980537110`
## Borrower
- **Name:** ALDER ELECTRIC LLC
- **Address:** 605 NORTH 1250 WEST SUITE 11, CENTERVILLE, UT, 84014-1334
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $464K
- **Initial approval:** $464K
- **Forgiven:** $469K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $464K
- **Jobs reported:** 35
## Lender
- **Originating:** Altabank, A Division of
- **Servicing:** Glacier Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*