# PPP loan: BARNETT ELECTRIC INC.
> **$285K** approved 04/21/2021 · Paid in Full · Loan `7503068807`
## Borrower
- **Name:** BARNETT ELECTRIC INC.
- **Address:** 4058 Marine Ave, Lawndale, CA, 90260-1842
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $289K (102%)
- **Forgiveness date:** 11/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 10
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*