# PPP loan: SBE ELECTRICAL CONTRACTING, INC.
> **$1.24M** approved 04/14/2020 · Paid in Full · Loan `6568497110`
## Borrower
- **Name:** SBE ELECTRICAL CONTRACTING, INC.
- **Address:** 2961 W MACARTHUR BLVD STE 128, SANTA ANA, CA, 92704-6931
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.66M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Rent:** $14K
- **Utilities:** $898
- **Health care:** $109K
- **Jobs reported:** 93
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*