# PPP loan: EMT ELECTRIC INC.
> **$556K** approved 04/30/2020 · Paid in Full · Loan `7543367300`
## Borrower
- **Name:** EMT ELECTRIC INC.
- **Address:** 1282 Dupont Court, Manteca, CA, 95336
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $556K
- **Initial approval:** $556K
- **Forgiven:** $562K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $556K
- **Jobs reported:** 46
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*