# PPP loan: COLEVAN ELECTRIC INC.
> **$3.36M** approved 05/01/2020 · Paid in Full · Loan `7876287701`
## Borrower
- **Name:** COLEVAN ELECTRIC INC.
- **Address:** 3942 Valley Avenue Suite F, Pleasanton, CA, 94566
- **NAICS:** 236116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.36M
- **Initial approval:** $3.36M
- **Forgiven:** $3.40M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $3.36M
- **Jobs reported:** 68
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*