# PPP loan: TRI-PHASE ELECTRIC
> **$1.18M** approved 04/28/2020 · Paid in Full · Loan `9343247206`
## Borrower
- **Name:** TRI-PHASE ELECTRIC
- **Address:** 775 E UTAH VALLEY DR, AMERICAN FORK, UT, 84003-9775
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.18M
- **Initial approval:** $1.18M
- **Forgiven:** $1.18M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.18M
- **Jobs reported:** 90
## Lender
- **Originating:** Capital Community Bank
- **Servicing:** Capital Community Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*