# PPP loan: WISE ELECTRIC & COMMUNICATION, INC.
> **$350K** approved 04/10/2020 · Paid in Full · Loan `2422007102`
## Borrower
- **Name:** WISE ELECTRIC & COMMUNICATION, INC.
- **Address:** P.O. Box 82457 18807 Hwy. 65, BAKERSFIELD, CA, 93380
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Jobs reported:** 30
## Lender
- **Originating:** Tri Counties Bank
- **Servicing:** Tri Counties Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*