# PPP loan: MCLEAN ELECTRIC, INC.
> **$634K** approved 04/30/2020 · Paid in Full · Loan `4928127306`
## Borrower
- **Name:** MCLEAN ELECTRIC, INC.
- **Address:** 265 DILLON AVE, CAMPBELL, CA, 95008-3003
- **NAICS:** 238310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $634K
- **Initial approval:** $634K
- **Forgiven:** $642K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $507K
- **Mortgage interest:** $127K
- **Jobs reported:** 31
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*