# PPP loan: SIERRA VALLEY ELECTRIC, INC.
> **$177K** approved 05/01/2020 · Paid in Full · Loan `8999397301`
## Borrower
- **Name:** SIERRA VALLEY ELECTRIC, INC.
- **Address:** P.O. Box 8900, S Lake Tahoe, CA, 96158
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Jobs reported:** 11
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*