# PPP loan: CALIMA ELECTRIC INC
> **$465K** approved 04/16/2021 · Paid in Full · Loan `4777228800`
## Borrower
- **Name:** CALIMA ELECTRIC INC
- **Address:** 560 W Main St # C124, Alhambra, CA, 91801-3374
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $465K
- **Initial approval:** $465K
- **Forgiven:** $467K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $465K
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*