# PPP loan: FAKOURI ELECTRICAL ENGINEERING, INC.
> **$593K** approved 02/18/2021 · Paid in Full · Loan `1111738506`
## Borrower
- **Name:** FAKOURI ELECTRICAL ENGINEERING, INC.
- **Address:** 30001 Comercio, Rancho Santa Margarita, CA, 92688-2106
- **NAICS:** 811219
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $593K
- **Initial approval:** $593K
- **Forgiven:** $601K (101%)
- **Forgiveness date:** 06/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $593K
- **Utilities:** $1
- **Jobs reported:** 54
## Lender
- **Originating:** US 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) · AI Analytics · CC0 1.0*