# PPP loan: ELECTRICAL EQUIPMENT CO., INC.
> **$245K** approved 04/28/2020 · Paid in Full · Loan `1459477309`
## Borrower
- **Name:** ELECTRICAL EQUIPMENT CO., INC.
- **Address:** 1290 HOLM RD, PETALUMA, CA, 94954
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 25
## Lender
- **Originating:** Bank of Marin
- **Servicing:** Bank of Marin (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*