# PPP loan: SIERRA RANGE ELECTRIC, INC
> **$163K** approved 04/29/2020 · Paid in Full · Loan `3777347310`
## Borrower
- **Name:** SIERRA RANGE ELECTRIC, INC
- **Address:** 1144 W 1st Street Ste 5, Chico, CA, 95928-5190
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Mortgage interest:** $20K
- **Utilities:** $20K
- **Jobs reported:** 12
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*