# PPP loan: CAL WEST ELECTRIC INC.
> **$213K** approved 04/16/2020 · Paid in Full · Loan `2891507200`
## Borrower
- **Name:** CAL WEST ELECTRIC INC.
- **Address:** 1365 N JOHNSON AVE STE 116, EL CAJON, CA, 92020
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Rent:** $4K
- **Utilities:** $4K
- **Health care:** $12K
- **Jobs reported:** 16
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*