# PPP loan: CALHOUN  ELECTRIC INC.
> **$208K** approved 01/27/2021 · Charged Off · Loan `6992778302`
## Borrower
- **Name:** CALHOUN  ELECTRIC INC.
- **Address:** 1545 Simpson Way, Escondido, CA, 92029-1203
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Status:** Charged Off
- **Term:** 37 months
## Use of funds
- **Payroll:** $208K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*