# PPP loan: TZ ELECTRIC CORP
> **$269K** approved 04/15/2020 · Paid in Full · Loan `8587727101`
## Borrower
- **Name:** TZ ELECTRIC CORP
- **Address:** 1356 RYAN RD, EL CAJON, CA, 92021
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $269K
- **Initial approval:** $269K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $269K
- **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*