# PPP loan: TZ ELECTRIC CORPORATION
> **$276K** approved 03/08/2021 · Paid in Full · Loan `8067048504`
## Borrower
- **Name:** TZ ELECTRIC CORPORATION
- **Address:** 1356 RYAN RD, EL CAJON, CA, 92021
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $276K
- **Initial approval:** $270K
- **Forgiven:** $277K (100%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $276K
- **Jobs reported:** 19
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*