# PPP loan: ELECTRIC & GAS INDUSTRIES ASSOCIATION
> **$973K** approved 05/01/2020 · Paid in Full · Loan `6395627701`
## Borrower
- **Name:** ELECTRIC & GAS INDUSTRIES ASSOCIATION
- **Address:** 3800 Watt Ave Ste 105, Sacramento, CA, 95821
- **NAICS:** 813910
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $973K
- **Initial approval:** $973K
- **Forgiven:** $983K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $973K
- **Jobs reported:** 60
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*