# PPP loan: RICK'S ELECTRIC INC.
> **$579K** approved 02/18/2021 · Paid in Full · Loan `1114698502`
## Borrower
- **Name:** RICK'S ELECTRIC INC.
- **Address:** 7560 Trade St, San Diego, CA, 92121-2412
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $579K
- **Initial approval:** $579K
- **Forgiven:** $582K (100%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $579K
- **Jobs reported:** 32
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*