BENTON ELECTRIC, INC. (OR) - 2020 PPP Loan Borrower Profile (# 8968507207)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BENTON ELECTRIC, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Oregon.

Loan Detail

Loan Number

8968507207

SBA Office Code

1086

Processing Method

PPP

Curent Loan Amount

$633,200

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$639,809.57

Date Loan was Forgiven

May 21, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

633,200

Lender

Citizens Bank

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

ALBANY, OR

Project Location

ALBANY, OR

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.