# PPP loan: DANIEL SUAREZ ELECTRIC INC
> **$626K** approved 05/01/2020 · Paid in Full · Loan `5167557708`
## Borrower
- **Name:** DANIEL SUAREZ ELECTRIC INC
- **Address:** 797 7TH ST, RIPON, CA, 95366-2500
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $626K
- **Initial approval:** $626K
- **Forgiven:** $592K (95%)
- **Forgiveness date:** 12/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $626K
- **Jobs reported:** 53
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*