# PPP loan: AMERICAN ELECTRIC SUPPLY, INC.
> **$977K** approved 04/15/2020 · Paid in Full · Loan `1532147203`
## Borrower
- **Name:** AMERICAN ELECTRIC SUPPLY, INC.
- **Address:** 361 S MAPLE ST, CORONA, CA, 92880-6907
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $977K
- **Initial approval:** $977K
- **Forgiven:** $991K (101%)
- **Forgiveness date:** 10/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $977K
- **Jobs reported:** 82
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*