# PPP loan: ALTER ELECTRIC & CONSTRUCTION INC
> **$357K** approved 02/10/2021 · Paid in Full · Loan `6185428404`
## Borrower
- **Name:** ALTER ELECTRIC & CONSTRUCTION INC
- **Address:** 5443 Donna Ave, Tarzana, CA, 91356-3203
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $357K
- **Initial approval:** $357K
- **Forgiven:** $360K (101%)
- **Forgiveness date:** 02/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $357K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*