# PPP loan: BRIGGS ELECTRIC INC.
> **$3.29M** approved 04/08/2020 · Paid in Full · Loan `8201087010`
## Borrower
- **Name:** BRIGGS ELECTRIC INC.
- **Address:** 14381 Frankling Ave., TUSTIN, CA, 92780-7010
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.29M
- **Initial approval:** $3.29M
- **Forgiven:** $3.33M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.29M
- **Jobs reported:** 155
## Lender
- **Originating:** CommerceWest Bank
- **Servicing:** CommerceWest Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*