# PPP loan: BUCKLES-SMITH ELECTRIC COMPANY
> **$2.96M** approved 04/10/2020 · Paid in Full · Loan `1837797102`
## Borrower
- **Name:** BUCKLES-SMITH ELECTRIC COMPANY
- **Address:** 540 Martin Ave, SANTA CLARA, CA, 95050-2954
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.96M
- **Initial approval:** $2.96M
- **Forgiven:** $2.99M (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.52M
- **Rent:** $244K
- **Utilities:** $28K
- **Debt interest:** $162K
- **Jobs reported:** 178
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*