# PPP loan: COLLINS ELECTRIC, INC.
> **$324K** approved 04/15/2020 · Paid in Full · Loan `8883707100`
## Borrower
- **Name:** COLLINS ELECTRIC, INC.
- **Address:** 3587 LEHIGH CIR, CORONA, CA, 92881-4083
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $328K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Jobs reported:** 19
## Lender
- **Originating:** First Savings Bank
- **Servicing:** First Savings Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*