# PPP loan: JESCO ELECTRIC INC
> **$336K** approved 05/01/2020 · Paid in Full · Loan `4467487708`
## Borrower
- **Name:** JESCO ELECTRIC INC
- **Address:** 22562 AVENIDA EMPRESA, RANCHO SANTA MARGARITA, CA, 92688
- **NAICS:** 221118
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $336K
- **Initial approval:** $336K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $336K
- **Jobs reported:** 28
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*