# PPP loan: PREMIUM ELECTRIC CORP
> **$315K** approved 06/12/2020 · Paid in Full · Loan `2776377900`
## Borrower
- **Name:** PREMIUM ELECTRIC CORP
- **Address:** 9775 GLENOAKS BLVD STE E, SUN VALLEY, CA, 91352-1005
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $315K
- **Initial approval:** $315K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $315K
- **Jobs reported:** 55
## 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*