# PPP loan: FOLEY ELECTRIC, INC.
> **$365K** approved 04/10/2020 · Paid in Full · Loan `2252377104`
## Borrower
- **Name:** FOLEY ELECTRIC, INC.
- **Address:** 919 Arguello Street, REDWOOD CITY, CA, 94063-1310
- **NAICS:** 238210
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $367K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $365K
- **Jobs reported:** 20
## Lender
- **Originating:** Heritage Bank of Commerce
- **Servicing:** Heritage Bank of Commerce (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*