# PPP loan: DUTHIE ELECTRIC SERVICE CORPORATION
> **$1.08M** approved 04/15/2020 · Paid in Full · Loan `1377097200`
## Borrower
- **Name:** DUTHIE ELECTRIC SERVICE CORPORATION
- **Address:** 2335 CHERRY INDUSTRIAL CIR, LONG BEACH, CA, 90805
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.08M
- **Jobs reported:** 58
## 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*