# PPP loan: PACIFIC METRO ELECTRIC INC
> **$817K** approved 01/28/2021 · Paid in Full · Loan `7801988309`
## Borrower
- **Name:** PACIFIC METRO ELECTRIC INC
- **Address:** 3150 E Fremont St, Stockton, CA, 95205-3918
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $817K
- **Initial approval:** $817K
- **Forgiven:** $821K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $816K
- **Utilities:** $1
- **Jobs reported:** 49
## Lender
- **Originating:** Mission Bank
- **Servicing:** Mission Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*