# PPP loan: BYINGTON ELECTRIC CORP
> **$170K** approved 03/20/2021 · Paid in Full · Loan `4901318605`
## Borrower
- **Name:** BYINGTON ELECTRIC CORP
- **Address:** 424 Treat Ave, San Francisco, CA, 94110-2065
- **NAICS:** 238210
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $170K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*