# PPP loan: MASTER ELECTRIC INC.
> **$156K** approved 06/04/2020 · Paid in Full · Loan `7852767807`
## Borrower
- **Name:** MASTER ELECTRIC INC.
- **Address:** 4476 DONOVAN WAY, NORTH LAS VEGAS, NV, 89081-2767
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $156K
- **Jobs reported:** 15
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*