# PPP loan: ELECTRO CONSTRUCTION CORP.
> **$567K** approved 03/27/2021 · Paid in Full · Loan `2015538706`
## Borrower
- **Name:** ELECTRO CONSTRUCTION CORP.
- **Address:** 2225 Windsor Ave, Altadena, CA, 91001-5306
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $567K
- **Initial approval:** $567K
- **Forgiven:** $572K (101%)
- **Forgiveness date:** 02/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $567K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Cathay Bank
- **Servicing:** Cathay Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*