# PPP loan: SABAG ELECTRICAL CORPORATION
> **$594K** approved 02/12/2021 · Paid in Full · Loan `7823188404`
## Borrower
- **Name:** SABAG ELECTRICAL CORPORATION
- **Address:** 8768 Yolanda Ave, Northridge, CA, 91324-3831
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $594K
- **Initial approval:** $594K
- **Forgiven:** $602K (101%)
- **Forgiveness date:** 05/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $594K
- **Jobs reported:** 48
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*