# PPP loan: POWER FACTOR ELECTRIC INCORPORATED
> **$1.03M** approved 04/15/2021 · Paid in Full · Loan `3887698808`
## Borrower
- **Name:** POWER FACTOR ELECTRIC INCORPORATED
- **Address:** 4011 Alvis Ct Ste 5, Rocklin, CA, 95677-4030
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 09/20/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.03M
- **Jobs reported:** 130
## Lender
- **Originating:** BSD Capital, LLC dba Lendistry
- **Servicing:** Lendistry SBLC, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*