# PPP loan: COPPER ELECTRIC INC
> **$174K** approved 02/25/2021 · Paid in Full · Loan `4193718507`
## Borrower
- **Name:** COPPER ELECTRIC INC
- **Address:** 10054 Prospect Ave Ste T, Santee, CA, 92071-4328
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $174K
- **Utilities:** $1
- **Jobs reported:** 7
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*