# PPP loan: ELECTRICAL DESIGN & MOTOR CONTROL INC
> **$2.00M** approved 01/21/2021 · Paid in Full · Loan `2866028301`
## Borrower
- **Name:** ELECTRICAL DESIGN & MOTOR CONTROL INC
- **Address:** 500 Giuseppe Ct Ste 4, Roseville, CA, 95678-6305
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 84
## Lender
- **Originating:** Five Star Bank
- **Servicing:** Five Star Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*