# PPP loan: FARRIS ELECTRIC INC
> **$594K** approved 02/25/2021 · Paid in Full · Loan `4040128506`
## Borrower
- **Name:** FARRIS ELECTRIC INC
- **Address:** 834 Jury Ct Ste B, San Jose, CA, 95112-2826
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $594K
- **Initial approval:** $485K
- **Forgiven:** $598K (101%)
- **Forgiveness date:** 12/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $594K
- **Jobs reported:** 26
## Lender
- **Originating:** Technology CU
- **Servicing:** Technology CU (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*