# PPP loan: ELSON ELECTRIC HOLDINGS INC
> **$836K** approved 04/09/2020 · Paid in Full · Loan `8870387003`
## Borrower
- **Name:** ELSON ELECTRIC HOLDINGS INC
- **Address:** 3440 VINCENT RD., STE. C, PLEASANT HILL, CA, 94523-4330
- **NAICS:** 238210
- **Business type:** Trust
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $836K
- **Initial approval:** $1.14M
- **Forgiven:** $846K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $814K
- **Rent:** $19K
- **Utilities:** $3K
- **Jobs reported:** 48
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*