# PPP loan: MODESTO EXECUTIVE ELECTRIC INC
> **$339K** approved 03/20/2021 · Paid in Full · Loan `5917198605`
## Borrower
- **Name:** MODESTO EXECUTIVE ELECTRIC INC
- **Address:** 446 Charity Way, Modesto, CA, 95356-9254
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $339K
- **Initial approval:** $339K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 03/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $338K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Tri Counties Bank
- **Servicing:** Tri Counties Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*