# PPP loan: HARMON ELECTRIC, INC.
> **$1.16M** approved 04/09/2020 · Paid in Full · Loan `9642137001`
## Borrower
- **Name:** HARMON ELECTRIC, INC.
- **Address:** 945 West Deer Valley Road, PHOENIX, AZ, 85027-2132
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Jobs reported:** 110
## Lender
- **Originating:** First Interstate Bank
- **Servicing:** First Interstate Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*