# PPP loan: NORTHWEST ELECTRICAL CONTRACTING INC.
> **$161K** approved 02/18/2021 · Exemption 4 · Loan `1278758503`
## Borrower
- **Name:** NORTHWEST ELECTRICAL CONTRACTING INC.
- **Address:** 300 Grand Blvd A600, Vancouver, WA, 98661-4930
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $127K (79%)
- **Forgiveness date:** 09/14/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $161K
- **Utilities:** $1
- **Jobs reported:** 4
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*