# PPP loan: PEC MANUFACTURING INC.
> **$252K** approved 02/27/2021 · Paid in Full · Loan `5372178500`
## Borrower
- **Name:** PEC MANUFACTURING INC.
- **Address:** 2110 Ringwood Ave, San Jose, CA, 95131-1715
- **NAICS:** 331110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 03/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $252K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** First Bank of the Lake
- **Servicing:** First Bank of the Lake (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*