# PPP loan: PLC-MULTIPOINT, INC.
> **$220K** approved 04/09/2020 · Paid in Full · Loan `9254447009`
## Borrower
- **Name:** PLC-MULTIPOINT, INC.
- **Address:** 3101 111TH ST SW STE F, EVERETT, WA, 98204-3504
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $214K (97%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 17
## Lender
- **Originating:** Coastal Community Bank
- **Servicing:** Coastal Community Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*