# PPP loan: ERNEST F. FERRARI ELECTRICAL CONTRACTOR, INC
> **$1.03M** approved 04/27/2020 · Paid in Full · Loan `5442077200`
## Borrower
- **Name:** ERNEST F. FERRARI ELECTRICAL CONTRACTOR, INC
- **Address:** 550 Marine View, Suite B, BELMONT, CA, 94002-9998
- **NAICS:** 238210
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.03M
- **Jobs reported:** 51
## Lender
- **Originating:** Idaho First Bank
- **Servicing:** Idaho First Bank (ID)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*