# PPP loan: MPS ELECTRIC INC.
> **$153K** approved 02/19/2021 · Paid in Full · Loan `1785418500`
## Borrower
- **Name:** MPS ELECTRIC INC.
- **Address:** 2763 N Butler St, Orange, CA, 92865-2130
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 05/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $153K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Community Federal Savings Bank
- **Servicing:** Community Federal Savings Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*