# PPP loan: DANA ELECTRIC AND ASSOCIATES INC
> **$253K** approved 04/29/2020 · Charged Off · Loan `3709527303`
## Borrower
- **Name:** DANA ELECTRIC AND ASSOCIATES INC
- **Address:** 22431 ANTONIO PKWY, RCHO STA MARG, CA, 92688
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $173K (69%)
- **Forgiveness date:** 07/26/2021
- **Status:** Charged Off
- **Term:** — months
## Use of funds
- **Payroll:** $253K
- **Jobs reported:** 23
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*