# PPP loan: JEPSEN ELECTRIC INC
> **$419K** approved 04/30/2020 · Paid in Full · Loan `4707237300`
## Borrower
- **Name:** JEPSEN ELECTRIC INC
- **Address:** 295 Boeing Court, Livermore, CA, 94551
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $419K
- **Initial approval:** $389K
- **Forgiven:** $422K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $419K
- **Jobs reported:** 25
## Lender
- **Originating:** Westamerica Bank
- **Servicing:** Westamerica Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*