# PPP loan: ELECTREND, INC.
> **$463K** approved 04/15/2020 · Paid in Full · Loan `2285227210`
## Borrower
- **Name:** ELECTREND, INC.
- **Address:** 29115 OLD TOWN FRONT STREET, TEMECULA, CA, 92590
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $463K
- **Initial approval:** $463K
- **Forgiven:** $467K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $463K
- **Jobs reported:** 51
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*