# PPP loan: ARAM ELECTRIC INC
> **$190K** approved 04/29/2021 · Paid in Full · Loan `5134318902`
## Borrower
- **Name:** ARAM ELECTRIC INC
- **Address:** 2000 Alvarado St Unit B, San Leandro, CA, 94577-3444
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $190K
- **Jobs reported:** 10
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*