# PPP loan: SANTA MARIA ELECTRIC INC.
> **$416K** approved 04/13/2021 · Paid in Full · Loan `2703528805`
## Borrower
- **Name:** SANTA MARIA ELECTRIC INC.
- **Address:** 408 N Broadway, Santa Maria, CA, 93454-4158
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Forgiven:** $417K (100%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $416K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*