# PPP loan: PIONEER ELECTRIC INC
> **$176K** approved 01/25/2021 · Paid in Full · Loan `5580468302`
## Borrower
- **Name:** PIONEER ELECTRIC INC
- **Address:** 228 Mohonua Pl, Honolulu, HI, 96819-2217
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $176K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Hawaii National Bank
- **Servicing:** Hawaii National Bank (HI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*