# PPP loan: BLAKESLEE ELECTRIC INC
> **$860K** approved 04/06/2020 · Paid in Full · Loan `6088887001`
## Borrower
- **Name:** BLAKESLEE ELECTRIC INC
- **Address:** 14   3RD ST, SANTA ROSA, CA, 95401-6204
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $860K
- **Initial approval:** $860K
- **Forgiven:** $866K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $750K
- **Mortgage interest:** $100K
- **Utilities:** $10K
- **Jobs reported:** 50
## Lender
- **Originating:** Summit State Bank
- **Servicing:** Summit State Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*