# PPP loan: CAPITOL VALLEY ELECTRIC INC.
> **$1.16M** approved 04/29/2021 · Paid in Full · Loan `4906728903`
## Borrower
- **Name:** CAPITOL VALLEY ELECTRIC INC.
- **Address:** 8550 Thys Ct, Sacramento, CA, 95828-1007
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.16M (100%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.16M
- **Utilities:** $1
- **Jobs reported:** 91
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*